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The net operating loss ( NOL ) provisions of the Internal Revenue Code were designed to do what? a . Ease tax burdens on individuals

The net operating loss (NOL) provisions of the Internal Revenue Code were designed to do what?
a. Ease tax burdens on individuals with unexpected losses
b. Allow taxpayers to carry losses forward and backward indefinitely
c. Provide relief for trade or business losses
d. Encourage home purchase by allowing a deduction for home mortgage interest
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