Multiple Choice
Javier incurred a $40,000 net operating loss in 2019.In 2020,he earned $35,000 of taxable income.Javier will be able to take an NOL deduction in 2020 of
A) $35,000.
B) $40,000.
C) $28,000.
D) $26,250.
Correct Answer:
Verified
Correct Answer:
Verified
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