Akeem,who Does Not Itemize,incurred a Net Operating Loss (NOL)of $50,000

Multiple Choice

Akeem,who does not itemize,incurred a net operating loss (NOL) of $50,000 in 2010.His deductions in 2010 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 2011?

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