a. What is the NOL carryback and carryover period? b. Does a taxpayer have any choice in

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a. What is the NOL carryback and carryover period?
b. Does a taxpayer have any choice in deciding the years to which the NOL should be carried?
c. Explain the circumstances under which a taxpayer might elect not to use the regular carryback or carryover period.
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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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