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Ted had an NOL of $25,000. If the NOL was not a result of a casualty, theft, or presidentially declared disaster, how many years can

Ted had an NOL of $25,000. If the NOL was not a result of a casualty, theft, or presidentially declared disaster, how many years can Ted carry back the loss?

A. 4 years.

B. 1 year.

C. 0 years.

D. 2 years.

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