Tax atlributes can be defined as_______

a.Carryforwards of credits and deductions that are eliminated completely when cancellation of debt has been excluded.

b. Carryforwards of credits and deductions that will either decrease taxable income or decrease tax liability in future years

c. Deductions and credils available in lhe cunent year.

d.Deductions and credits occurring in the year following the cancellation of debt.