NOL Carryovers and Carrybacks

This CCH AnswerConnect Topic Page provides real world examples, compliance tips and an in-depth look at:

  • General Carryover Rules 
  • State Tax Consequences
  • Three-Year Carryback for "Eligible Losses"
  • Five-Year Carryback for Farming Losses
  • Ten-Year Carryback for Specified Liability Losses
  • CERT Limits on Carrybacks
  • Plus, much more

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