Replies to post #443971 on Mr Cooper Group Inc (COOP)

[Evintos]

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.

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I think you're a little confused.