a) Both corporation and individual long-term capital losses carryover as short-term capital losses.
b) Both corporations and individuals may use an alternative tax rate on net capital gains.
c) Corporations may carryforward capital losses indefinitely; individuals may only carryforward capital losses for five years.
d) Corporations may carryback capital losses; individuals may not.
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Home » Business » Which of the following comparisons is correct? Options: a) Both corporation and individual long-term capital losses carryover as short-term capital losses. b) Both corporations and individuals may use an alternative tax rate on net capital gains.