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In 2002, a corporation has income from operations of $1,000,000, and an NOL carryover from 2019 of $1,150,000. What is taxable income for 2020? Zero

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In 2002, a corporation has income from operations of $1,000,000, and an NOL carryover from 2019 of $1,150,000. What is taxable income for 2020? Zero $80,000 $200,000 Loss of $150,000

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