Aug 07, 2021 · Net operating loss carrybacks and carryforwards allow a taxpayer to recognize a net operating loss in a tax reporting period other than the current period. As a result of the carryback of the NOL to pre-section 965 years, there is a change in tax attributes (such as a foreign tax credit carryover or charitable contribution carryover) for 2017

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  2. For example, the highest marginal individual rate in 2015-2017 was 39
  3. NOL - What does NOL stand for? The Free Dictionary
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  5. Federa l tax payment s (business related only)