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A corporation has ordinary income of $80,000 form operations, $22,000 short term capital gain, and a $16,000 long term capital loss. What is the corporation
A corporation has ordinary income of $80,000 form operations, $22,000 short term capital gain, and a $16,000 long term capital loss. What is the corporation total taxable income for the year?
What if the short term capital gain was $12,000, and long term capital loss remains $16,000
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