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look at the picture Under the new tax law, the following are allowed: O A. Net Operating Loss carryforwards O B. Net Operating Loss carrybacks

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Under the new tax law, the following are allowed: O A. Net Operating Loss carryforwards O B. Net Operating Loss carrybacks OC. Both NOL carrybacks and NOL carryforwards D. Neither NOL carrybacks nor NOL carryforwards

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