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2. Soccer Corporation has a $60,000 NOL in the current year. Soccers taxable income in each of the previous three years was $15,000. Soccer expects
2. Soccer Corporation has a $60,000 NOL in the current year. Soccers taxable income in each of the previous three years was $15,000. Soccer expects its taxable income for next year to exceed $300,000. What issues should Soccer consider with respect to the use of the NOL?
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