Does NOL offset capital gain?

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Tags

1. #dividends
2. #increase
3. #passive
4. #losses
5. #activity
6. #deduction
7. #other
8. #deducted
9. #carried
10. #businesses
11. #income
12. #previous
13. #years
14. #portion
15. #current
16. #ordinary
17. #above
18. #forward
19. #calculate
20. #gains
21. #received
22. #unused
23. #capital