Which of the following statements is true for a C corporation incurring a net operating loss (NOL) for a tax year that begins in 2018? Multiple Choice It may carry the NOL back two years and forward 20 years It may not carry the NOL back to prior years but it may carry it forward 20 years It may not carry the NOL back to prior years but it can carry the loss forward indefinitely It may carry the loss back two years and carry the loss forward indefinitely None of the choices are correct