Problem 11-4 Corporate Capital Gains and Losses (LO 11.2) DeMaria Corporation, a calendar year corporation, generates the following taxable income (net operating losses) since its inception in 2018: Year Taxable result 2018 2019 2020 2021 $40,000 (15,000) (5,000) 6,000 Assuming DeMaria makes no special elections with regard to NOLS, what is DeMaria's net operating loss carryforward into 2022? If your answer is zero, enter "0". X $ 200 Feedback Check My Work The TCJA made significant changes to carryback and carryforward of NOLs after 2017. The use of an NOL generated after December 31, 2017 is limited to statutory percent of the current year's taxable income (without regard to the NOL deduction) when used. The CARES Act suspended TCJA's provisions for 2020.