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Jestiron

01/04/10 10:50 AM

#132746 RE: Dragynn #132736

I was looking for the post on that and failed to find it. Thank you for beating me to the punch. LOL

AJest

rainbow1111

01/04/10 11:35 AM

#132784 RE: Dragynn #132736

NOL carryback - See rev proc 2009-52. I was wrong on the 3-year time frame for the carryback. In particular see section 4 beginning on page 5. The 45-day period you refer to is not in the rev. proc. Also there is no mention of a refund to be received within 30-days.

http://www.irs.gov/pub/irs-drop/rp-09-52.pdf