The consolidated net operating loss of Parent includes all of the following except:
A)Parent's operating income/loss.
B)Subsidiary's operating income/loss.
C)Parent's portfolio income.
D)Parent's charitable contributions.

Name: The consolidated net operating loss of Parent includes all of the following except: A)Parent's operating income/loss. B)Subsidiary's operating income/loss. C)Parent's portfolio income. D)Parent's charitable contributions.
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Question

Quizplus · Accepted Answer

The charitable deduction has its own carryover period.

The Consolidated Net Operating Loss of Parent Includes All of the Following