Question
33.When a taxpayer incurs an NOL in 2018, that is not attributable to a casualty or theft loss, the taxpayer may: a.Carry the NOL forward
33.When a taxpayer incurs an NOL in 2018, that is not attributable to a casualty or theft loss, the taxpayer may:
a.Carry the NOL forward indefinitely.
b.Carry the NOL back three years.
c.Carry the NOL back five years.
d.All of the above.
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College Accounting Chapters 1-13
Authors: John Price
14th Edition
007763991X, 9780077639914
