A large corporation had a net long-term capital loss in 2016 and net operating loss...
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Accounting
A large corporation had a net long-term capital loss in 2016 and net operating loss in 2016. What are the earliest year(s) to which these losses can be carried?
Select one:
a. 2014 for the capital loss; 2012 for the NOL
b. 2013 for the capital loss; 2014 for the NOL
c. 2013 for both
d. 2012 for both
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