Gray, inc., a c corporation, has taxable income from operations of $1,452,000 for 2019. it also has a net long-term capital loss of $355,000 from the sale of a subsidiary’s stock. the year 2019 is the first year in the last 10 years that gray has not had at least $500,000 per year of net long-term capital gains. what is gray’s 2019 taxable income?
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Gray, inc., a c corporation, has taxable income from operations of $1,452,000 for 2019. it also has...
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