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Tjohn

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Tjohn

Re: None

Friday, 05/11/2018 4:51:42 AM

Friday, May 11, 2018 4:51:42 AM

Post# of 1398
The amendments to section 172 disallow the carryback of NOLs but allow for the indefinite carryforward of those NOLs. Pursuant to section 172(e)(2) of the statute, the amended carryback and carryover rules apply to any NOL arising in a taxable year ending after Dec. 31, 2017

https://rsmus.com/what-we-do/services/tax/washington-national-tax/net-operating-losses-after-the-tax-cuts-and-jobs-act.html
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