Check my work 1 Don Juan, a single taxpayer, is the sole owner of DJ's incons Corporation. This year, DJ inc. incurred a massive $600,000 business loss, all of which is allocable to Don Juan as the sole shareholder Assume that the $600,000 loss is not limited by the basis, -tisk, o passive loss rules, and that Don Juan has no other business income or business fosses How much of the $600.000 loss wa Don Juan be able to deduct this year? What happens to any loss not deducted this year? 576 po Deductie loss Loss carried forward ference