Match the Following Statements

question 28

Multiple Choice

Match the following statements.
-Net capital loss

• A)For the corporate taxpayer, taxed using the regular tax rates.
• B)Must be capitalized, but can be amortized over 180 months.
• C)For the corporate taxpayer, the rate is 21%.
• D)For the corporate taxpayer, cannot be deducted at all in the current tax year.
• E)For the corporate taxpayer, limited to 10% of taxable income before certain deductions.

---

Definitions:

HTML

Stands for Hypertext Markup Language, the standard markup language used for creating web pages and web applications.

HTML-formatted Messages

Emails or other messages that include HTML code to format text, embed images, and create links, allowing for more visually appealing and functional content.

Viruses

Malicious software programs designed to infect computers, replicate themselves, and cause harm to data or systems.

Personal Storage Table

A file format used by Microsoft Outlook to store copies of messages, calendar events, and other items.