For 2024 the maximum amount of taxable income that can be upset with non-firm net...

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Accounting

For 2024 the maximum amount of taxable income that can be upset with non-firm net operating loss deduction is 80% and the NOL can be carried forward indefinitely 100% and the NL can be carried forward indefinitely 80% and the NL must be carried back five years with any remaining amount carried forward to future years or 100% and the NL carry forward is limited to five years

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