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Post# of 729877
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Evintos

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Evintos

Re: Donotunderstand post# 443971

Sunday, 01/17/2016 7:37:46 PM

Sunday, January 17, 2016 7:37:46 PM

Post# of 729877
1B income. Use 1B NOL carry forward = $0 taxable income. 35% of $0 = 0
1B income use 500 mil NOL = 500 mil taxable income

6B in NOLs is effectively 6B in income untaxed. It offsets/lowers taxable income used in carry forward applications.

---------------
I think you're a little confused.
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