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Sandy Bullet had a net capital loss carryforward of $30,000 incurred in August 2000 in her incorporated company which were still available at the beginning
Sandy Bullet had a net capital loss carryforward of $30,000 incurred in August 2000 in her incorporated company which were still available at the beginning 2022. During 2022 Sandy had capital gains of $50,000. What would be the taxable income of the corporation for 2022 assuming that Sandys company has a calendar year end for the corporation and she wishes to minimize the taxes paid. (Round all numbers) Group of answer choices $27,500 $30,000 $5,000 $2,500
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