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Re: 1120 NOL...C Corp had a NOL of $23,400 from 2021.2022 Taxable Income is $24000.Why is only $19200 of the NOL allocated against the Taxable Income and not the $23,400?
sjrcpa
Level 15
10-25-2023
07:36 PM
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There's an 80% rule.
The more I know the more I don’t know.
4
Cheers
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