A large corporation had a net long-term capital loss in 2017 and net operating loss in 2017. What are the earliest year(s) to which these losses can be carried?
A) 2014 for both
B) 2013 for both
C) 2015 for the capital loss; 2013 for the NOL
D) 2014 for the capital loss; 2015 for the NOL
Correct Answer:
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