What is the earliest year to which a corporation can carry a net operating loss realized in 2017?
A) 2016
B) 2015
C) 2014
D) 2013

Name: What is the earliest year to which a corporation can carry a net operating loss realized in 2017? A) 2016 B) 2015 C) 2014 D) 2013
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Question

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According to IRS rules, a corporation can carry a net operating loss back two years and forward 20 years. Therefore, the earliest year to which a corporation can carry a net operating loss realized in 2017 is 2015.

What Is the Earliest Year to Which a Corporation Can