Keri is a single taxpayer and has a net operating loss of $30,000 in 2016. Her taxable income for the last 5 years has been about $10,000 each year. She expects 2017 to be a very good year and projects that her income will be over $100,000. If you were Keri's tax advisor, what would you recommend that she do with her 2016 operating loss? Explain.

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The Answer of Keri is a single taxpayer and has a net operating loss of $30,000 in 2016. Her taxable income for the last 5 years has been about $10,000 each year. She expects 2017 to be a very good year and projects that her income will be over $100,000. If you were Keri's tax advisor, what would you recommend that she do with her 2016 operating loss? Explain.

Keri Is a Single Taxpayer and Has a Net Operating