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Re: invnewbie post# 452650

Wednesday, 06/01/2016 3:00:14 PM

Wednesday, June 01, 2016 3:00:14 PM

Post# of 730542
IRS.gov 2015 Publication 536 NOL's for ...


https://www.google.at/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwjg9afdu4fNAhVFIcAKHVjeDk8QFggbMAA&url=https%3A%2F%2Fwww.irs.gov%2Fpub%2Firs-pdf%2Fp536.pdf&usg=AFQjCNHMNGA6Z6SzU-ERV3w1JaWllxjz1A&sig2=nWN8dRTtg2TBbT1S5O85Ww

Go to page 3

When To Use an NOL
Generally, if you have an NOL for a tax year
ending in 2015, you must carry back the entire
amount of the NOL to the 2 tax years before the
NOL year (the carryback period), and then carry
forward any remaining NOL for up to 20 years
after the NOL year (the carryforward period).

You can, however, choose not to carry back an
NOL and only carry it forward. See Waiving the
Carryback Period, later. You cannot deduct any
part of the NOL remaining after the 20-year carryforward
period.

NOL year. This is the year in which the NOL
occurred.



I'd urge you all once more to study, to read and do your own D&D concerning your Investment (here WMIH !), because it's YOUR hard earned money .... and you could loose everything by doing wrong decisions (see as example here the wrong decision for buying PIERS and/or give NO release ... it was a grievious fault ...), don't fall for "EXPERTS" on MB's, they all have their own agenda ...


There's a small group of posters here on this board who provide us generously with honest info's out from their studies of official documents (SEC, KCCLLC, IRS, etc.,etc.), be grateful to them, we know who you are .... but DO READ & STUDY for YOURSELF !!! It will pay good interest !
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