Section 3 Gains/Loss on Investments & Business Property - Scenario Based Question 5 of 35. In 2021, Jamil, a single-member LLC, and single taxpayer, had taxable income of $85,000. This amount included short-term capital losses of $6,000 and long-term capital losses of $7,000. He had no capital gains in 2021, and he had no other capital transactions in prior years. What is the amount of loss Jamil will carry forward to later tax years? $13,000 $10,000 $7,000 $6,000