Question: During 2 0 2 3 , your clients, Mr . and Mrs . Howell, owned the following investment assets: table [ [ Investment Assets,Date

During 2023, your clients, Mr. and Mrs. Howell, owned the following investment assets:
\table[[Investment Assets,Date Acquired,Purchase Price,\table[[Broker's Commission],[Paid at Time of],[Purchase]]],[300 shares of IBM common (NYSE: IBM),1122?2020,$10,370,$100
the IBM sales proceeds were reported as $13,800 on the Form 1099-B they received.
In addition to the sales reflected in the table above, the Howells provided you with the following additional information concerning 2023:
The Howells received a Form 1099-B from the Vanguard mutual fund reporting a $900 long-term capital gain distribution. This distribution was reinvested in 31 additional Vanguard mutual fund shares on 6/30/2023.
In 2017, Mrs. Howell loaned $6,200 to a friend who was starting a new multilevel marketing company called LD3. The friend declared bankruptcy in 2023, and Mrs. Howell has been notified she will not be receiving any repayment of the loan.
The Howells have a $2,500 short-term capital loss carryover and a $5,000 long-term capital loss carryover from prior years.
The Howells did not instruct their broker to sell any particular lot of IBM stock.
The Howells earned $3,100 in municipal bond interest, $3,100 in interest from corporate bonds, and $4,200 in qualified dividends.
Assume the Howells have $135,000 of wage income during the year.
c. Assume the Howells' short-term capital loss carryover from prior years is $82,500 rather than $2,500 as indicated above. If this is the case, how much short-term and long-term capital loss carryovers remain to be carried beyond 2023 to future tax years?
Note: Leave no cells blank - be certain to enter "0" wherever required.
\table[[Short-term capital loss,$,126,930

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