Question: A single taxpayer earns $ 2 0 0 , 0 0 0 of salary income and $ 3 0 0 , 0 0 0 of

A single taxpayer earns $

200, 000

of salary income and $

300, 000

of dividend income. The taxpayer is also a partner in an S corporation in which she materially participates. Her share of the S corporation's loss for the year is $

605, 000 .

The taxpayer will have an NOL carryover of

.

100, 000

.

305, 000

.

0

.

405, 000

A single taxpayer earns $ 2 0 0 , 0 0 0 of salary

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