Elizabeth Has the Following Items for the Current Year: ​

question 71

Multiple Choice

Elizabeth has the following items for the current year: ​
In calculating Elizabeth's net operating loss, and with respect to the above amounts only, what amount must be added back to taxable income (loss) ?

• A)$0
• B)$1,000
• C)$2,000
• D)$20,000
• E)None of the above

---

Definitions:

Mobile Messages

Text or multimedia messages sent or received over a mobile phone network.

Text Messaging Acronyms

Abbreviations commonly used in SMS or instant messaging to convey messages quickly.

Conversational Tone

A writing or speaking style that is informal, friendly, and similar to everyday spoken language.

Linear Organization

A method of structuring content or information in a straight, sequential manner, following a clear beginning, middle, and end.