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Tax attributes can be defined as __________. Carryforwards of credits and deductions that will either decrease taxable income or decrease tax liability in future years.
Tax attributes can be defined as __________.
Carryforwards of credits and deductions that will either decrease taxable income or decrease tax liability in future years.
Deductions and credits available in the current year.
Deductions and credits occurring in the year following the cancellation of debt.
Carryforwards of credits and deductions that are eliminated completely when cancellation of debt has been excluded.
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