CAPITAL GAIN AND LOSSES 794

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.