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For 2020, Marina and Tom, married taxpayers have a total net operating loss of $111,000. In 2021, these taxpayers have taxable income of $92,000. How
For 2020, Marina and Tom, married taxpayers have a total net operating loss of $111,000. In 2021, these taxpayers have taxable income of $92,000. How much is the taxpayers taxable income for 2021 and their net operating loss carryforward to 2022?
Group of answer choices
$3,200; $22,200
$92,000; $111,000
$11,000; $88,800
$92,000; $22,000
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