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Gold corporation, a calender year C corporation, was formed in 2009 and has been profitable until the current year. In 2015, Gold incurs a Net

Gold corporation, a calender year C corporation, was formed in 2009 and has been profitable until the current year. In 2015, Gold incurs a Net operating loss. Identify the issues that Gold corporation should consider regarding its NOL carryback and carry forward options.

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