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Business, 19.11.2020 02:10 unknown9263

DeMaria Corporation, a calendar year corporation, generates the following taxable income (net operating losses) since its inception in 2016: Year Taxable result
2016 40,000
2017 (15,000)
2018 (5,000)
2019 6,000
Assuming Demaria makes no special elections with regard to NOLs, what is DeMaria's net operating loss carryforward into 2020?

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DeMaria Corporation, a calendar year corporation, generates the following taxable income (net operat...

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