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In 2022, XYZ Corporation has taxable income of $300,000 that can be offset with an NOL carryover of $125,000 from 2021. What is the
In 2022, XYZ Corporation has taxable income of $300,000 that can be offset with an NOL carryover of $125,000 from 2021. What is the amount and nature of the book-tax difference created by the use of the NOL carryover in 2022?
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Income Tax Fundamentals 2015
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
33rd Edition
9781305177772, 128543952X, 1305177770, 978-1285439525
