A corporate carrying a net operating loss forward that was incurred in 2017 can only carry it forward for twenty years after being carried back two years.

Name: A corporate carrying a net operating loss forward that was incurred in 2017 can only carry it forward for twenty years after being carried back two years.
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Question

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The Tax Cuts and Jobs Act of 2017 changed the rules for net operating losses, but losses incurred before 2018 can still be carried back two years and forward twenty years.

A Corporate Carrying a Net Operating Loss Forward That Was