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Rainy Days Corporation was formed in 2020. The company had the following net capital gains and losses: How should the corporation report the 11,000 capital
Rainy Days Corporation was formed in 2020. The company had the following net capital gains and losses: How should the corporation report the 11,000 capital loss in 2022? Report the full amount of the loss $(11,000) in 2022. (B) Report $3,000 of capital loss in 2022 . (C) Carryforward \$3,000 of capital loss from 2022. (D) Capital losses are not allowed
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