A Loss Incurred by a Corporation

A loss incurred by a corporation

A) Must be carried forward unless the company has had 2 loss years in a row.
B) Can be carried back 2 years,then carried forward up to 20 years following the loss.
C) Can be carried back 5 years and forward 3 years.
D) Cannot be used to reduce taxes in other years except with special permission from the IRS.
E) Can be carried back 3 years or forward 15 years,whichever is more advantageous to the firm.