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QUESTION 13 Cora has a net operating loss (NOL) of $15,000 in 2021. In 2022, before considering the impact, if any, of the NOL from
QUESTION 13 Cora has a net operating loss (NOL) of $15,000 in 2021. In 2022, before considering the impact, if any, of the NOL from 2021, Cora's taxable income was $12,000. What will her 2022 taxable income be after she takes account of the NOL? O Negative ($3,000). Zero. O $2,400 $12,000. QUESTION 14 Kyle's house and car were damaged by a single storm that took place in a federally declared disaster area. So you are calculating his casualty loss from the two items of property. True or False: In your calculations, you will reduce the loss from the house by $100, and you will reduce the loss from the car by $100. O True O False
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