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A Taxpayer Can Carry Any NOL Incurred Forward Up to 20

question 47

True/False

A taxpayer can carry any NOL incurred forward up to 20 years.


Definitions:

Tests

Standardized methods or instruments designed to measure skills, knowledge, abilities, or traits.

Forensic Evaluations

A specialized type of assessment often used in a court of law that requires the author to testify as an expert witness. The assessing examiner frequently collects information from interviews, testing, and the reviewing of supplemental records.

Expert Witness

A professional who is permitted to testify in court because of special knowledge or proficiency in a particular field relevant to the case.

Child Custody Lawsuit

A legal process that determines which parent or guardian will have legal and physical custody of a child following a divorce or separation.

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