2024 – Question Which of the following comparisons is correct A Corporations may carryback capital losses individuals may not B Both corporation and individual

Which of the following comparisons is correct?A. Corporations may carryback capital losses; individuals may not.B. Both corporation and individual long-term capital losses carryover as short-term capital losses.C. Corporations may carryforward capital losses indefinitely; individuals may only carryforward capital losses for five years.D. Both corporations and individuals may use an alternative tax rate on net capital gains.E. None of the above.