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Posted on Jul 18, 2024

Putman Company incurred a $42,000 net operating loss in 2021. If Putmans 2022 taxable income was $48,000 before the NOL, compute Putmans 2022 NOL deduction.

	a.	$0
	b.	$33,600
	c.	$38,400
	d.	$42,000

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