Question: A C corporations net capital losses are a. Carried forward indefinitely until fully utilized. b. Carried back three years and forward five years. c. Deductible

A C corporation’s net capital losses are

a. Carried forward indefinitely until fully utilized.

b. Carried back three years and forward five years.

c. Deductible in full from the corporation’s ordinary income.

d. Deductible from the corporation’s ordinary income only to the extent of $3,000.

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