Question
Unless an exceplion applies, in whal specific order must tax attributes be reduced? a.Basis of all property, net operating loss (NOL), general business credit carryovers,
Unless an exceplion applies, in whal specific order must tax attributes be reduced?
a.Basis of all property, net operating loss (NOL), general business credit carryovers, capital loss carryovers, passive aclivity loss or credit carryovers, foreign tax credit carryovers, minimum tax credits.
b. Capitat loss carryovers, general business credit carryovers, basis of all property, net operating loss (NOL), passive activity loss or credit carryovers, minimum tax credits, foreign tax credit carryovers.
c. General business credit carryovers, minimum tax credits, capital loss carryovers, basis of all property, passive activity loss or credit carryovers, net operating loss (NOL), foreign tax credit carryovers.
d. Net operating loss (NOL), general business credit carryovers, minimum tax credits, capital loss carryovers, basis of all property, passive activity loss or credit carryovers, foreign tax credit carryovers.
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