Martha has both long$-$term and short$-$term capital gains and losses. The result of netting these gains and losses is a net long$-$term capital loss. Martha has no qualified dividend income. Also, Martha's taxable income puts her in the $32\%$ tax bracket. Which of the following is correct?

Martha will use Parts I, II$,$ and III of Form $1040$ Schedule D$.$

Martha will not benefit from the special treatment for long term capital gains.

Martha will have a capital loss deduction.

a$.$ b$.,$ and c$.$

None of the above.