微信扫一扫
实时资讯全掌握
Carr, Inc., a calendar-year corporation incorporated in January 2008, had a net operating loss (NOL) of $75,000 in 2012. For each of the years 2008-2011, Carr reported taxable income (loss) before NOL deduction as follows:
When filing its tax return for 2012, Carr did not elect to give up the carryback of its loss for 2012. Carr’s taxable income before net operating loss deduction for 2013 was $80,000. Carr should report a NOL deduction on its tax return for 2013 of A. $40,000 B. $55,000 C. $30,000 D. $35,000 |