A corporation's election to forego a net operating loss carryback is irrevocable and cannot later be changed.
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Q1: For income tax purposes, excess capital losses
Q2: Like individuals, corporations can claim both deductions
Q7: Like individuals, corporations can take advantage of
Q8: Although the corporate income tax is progressive,
Q10: The domestic production activities deduction of an
Q13: The amount of the dividends received deduction
Q14: The domestic production activities deduction (DPAD) for
Q15: Both individuals and corporations can carry over
Q16: A C corporation donates inventory (basis of
Q19: Under the check-the-box Regulations, an entity is
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