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Q5. If a NOL (net operating loss) is incurred, when would a taxpayer elect to forgo the carryback period and only carry the loss deduction

Q5. If a NOL (net operating loss) is incurred, when would a taxpayer elect to forgo the carryback period and only carry the loss deduction forward? (1 marks)

Please Plagiarism IS NOT ALLOWED, USE YOUR WORDS DONT COPY AND PASTE. *(Please make it as a text not handwriting) if there any reference add it

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