Dotcom Corporation suffered a net operating loss for 2012.Under the general rules, the corporation
A) May carry back the loss first to 2010, and 2011, and then carry it forward until 2027
B) May elect to forgo the carryback period and carry the loss forward until 2027
C) May carry back the loss first to 2010, and 2011, and then carry it forward until 2032
D) May carry back the loss first to 2009
E) None of the above is correct.
Correct Answer:
Verified
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