A loss incurred by a corporation Group of answer choices: Must be carried forward unless...
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A loss incurred by a corporation
Group of answer choices:
Must be carried forward unless the company has had 2 loss years in a row. can be carried forward indefinitely for income tax purposes. Cannot be used to reduce taxes in other years except with special permission from the IRS> Can be carried back 5 years and forward 3 years.
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You can see the logs in the Dashboard.