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How is that nol applied

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Question - Marszalek Industries, Inc. had a $76,000 NOL in 2014. Its history of modified taxable income has been:

2011 $20,000

2012 $25,000

2013 ($44,000)

2015 $4,000

2016 $24,000

2017 $48,000

How is that $76,000 NOL applied?

Reference no: EM132193969

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