Dotcom Corporation Suffered a Net Operating Loss for 2012

question 14

Multiple Choice

Dotcom Corporation suffered a net operating loss for 2012.Under the general rules, the corporation

• A)May carry back the loss first to 2010, and 2011, and then carry it forward until 2027
• B)May elect to forgo the carryback period and carry the loss forward until 2027
• C)May carry back the loss first to 2010, and 2011, and then carry it forward until 2032
• D)May carry back the loss first to 2009
• E)None of the above is correct.

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