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Question 3 0.4 pts Craig's Cars, a car dealership founded in 2020, had taxable income and net operating losses as follows (before any NOL deduction):
Question 3 0.4 pts Craig's Cars, a car dealership founded in 2020, had taxable income and net operating losses as follows (before any NOL deduction): Tax Year Taxable income/(NOL) 2020 $90,000 2021 ($50,000) 2022 $60,000 2023 $55,000 What is the amount of Craig's Cars 2022 NOL deduction? Enter as a positive number Hint: make sure not to confuse the NCL (net capital loss) carryover rules with the NOL (net operating loss) carryover rules
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