Steinar loaned a friend $9,500 to buy some stock 3 years ago. In the current year the debt became wortless.

A. How much is Steinars deduction for the bad dent for this year? (Assume he has no other capital gains or losses.)

$_____ as a nonbusiness bad debt. ($9,500 is wrong)

B. What can Steinar do with the deduction not used this year?

The remaining $______ can be carried forward as a short term cpatial loss and deducted in future years, subject to an annual limitation.