Final answer:
Brent's capital loss carryforward after a $3,000 deduction against ordinary income should be $102,000 for future tax years, but the provided answer choices do not include this amount.
Step-by-step explanation:
The question relates to the calculation of capital loss carryforward in the context of U.S. tax laws concerning the sale of § 1244 stock. Brent, who is filing married filing jointly, has a salary of $104,000, an interest income of $8,000, and a loss of $105,000 on the sale of § 1244 stock acquired two years ago. Under the tax code, the maximum capital loss that can be deducted in any one year against ordinary income is $3,000 for individuals or couples filing jointly. The loss on the stock sale after offsetting the deduction against his ordinary income would be $105,000 - $3,000 = $102,000. Because the loss exceeds the annual limit, it can be carried forward to future tax years. Therefore, the remaining capital loss that Brent can carry forward is $102,000, but since the choices provided do not include this amount, it suggests there may be a typo or misunderstanding in the question. None of the choices (a-e) match the calculated carryforward amount.