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In 2018, Keri Has Wages of $20,000, a Schedule C

Question 104

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In 2018, Keri has wages of $20,000, a Schedule C business loss of $30,000, and nonbusiness capital gains of $4,000.She deducts the standard deduction of $12,000 for a taxable loss of $18,000.Compute Keri's NOL to carry forward to 2018.

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$10,000.The business loss is $20,000 of ...

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