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5 In 2021 a calendar year taxpayer has a $60.000 NOL. It has no other NOL. carryovers. It carries forward the NOL. to 2022. a

5 In 2021 a calendar year taxpayer has a $60.000 NOL. It has no other NOL. carryovers. It carries forward the NOL. to 2022. a year in which it has taxable income of $70,000. What is the taxpayer's NOL deduction in 20227 50 556.000 $60,000 $70,000

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