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Business, 15.04.2020 00:01 godchaux15395

Goose Corporation, a C corporation, incurs a net capital loss of $35,900 for 2019. It also has ordinary income of $28,720 in 2019. Goose had net capital gains of $7,180 in 2015 and $14,360 in 2018. If an amount is zero, enter "0". a. Determine the amount, if any, of the net capital loss of $35,900 that is deductible in 2019. $ b. Determine the amount, if any, of the net capital loss of $35,900 that is carried forward to 2020.

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Goose Corporation, a C corporation, incurs a net capital loss of $35,900 for 2019. It also has ordin...
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