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Question 2 of 6. Which of the following statements is TRUE for tax years 2018, 2019, and 2020? Net operating losses May be carried back
Question 2 of 6. Which of the following statements is TRUE for tax years 2018, 2019, and 2020? Net operating losses May be carried back five years. Are subject to the 80% of taxable income limit. Are exempt from the election to waive the carryback. Have different rules for farm versus non-farm businesses U Mark for follow up
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