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Business, 06.10.2019 04:00 mooreadrian412

Carrot corporation, a c corporation, has a net short-term capital gain of $65,000 and a net long-term capital loss of $250,000 during 2018. carrot corporation had taxable income from other sources of $720,000. prior years’ transactions included the following: 2014 net long-term capital gain $150,000 2015 net short-term capital gain 60,000 2016 net short-term capital gain 45,000 2017 net long-term capital gain 35,000 compute the amount of carrot’s capital loss carryover to 2019. a. $0 b. $32,000 c. $45,000 d. $185,000 e. none of the above

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Carrot corporation, a c corporation, has a net short-term capital gain of $65,000 and a net long-ter...
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