Akeem, Who Does Not Itemize, Incurred a Net Operating Loss

Multiple Choice

Akeem, who does not itemize, incurred a net operating loss (NOL) of $50,000 in 2016. His deductions in 2016 included AMT tax preference items of $20,000, and he had no AMT adjustments. Assuming the NOL is not carried back, what is Akeem's ATNOLD carryover to 2017?

A) $50,000
B) $30,000
C) $20,000
D) $40,000
E) None of the above