Question: In 2 0 2 4 , H Corporation reported $ 1 0 0 , 0 0 0 of taxable income before the Net Operating Loss

In 2024, H Corporation reported $100,000 of taxable income before the Net Operating Loss (NOL) deduction. It had the following Net Operating Loss (NOL) carryovers available at the end of 2023: $80,000 Net Operating Loss (NOL) carryover from 2017 and $50,000 carryover from 2022. What is H Corporation's taxable income after the Net Operating Loss (NOL) deductions? What is H Corporation's Net Operating Loss (NOL) carryover to 2025?

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