How Is a Claim for Refund of Taxes Filed by an Individual

question 45

Essay

How is a claim for refund of taxes filed by an individual who carries an NOL deduction back to a prior year?

---

Definitions:

Scoria Cone

A small, steep volcanic cone built from lava fragments (scoria) ejected during gas-charged explosive eruptions.

Pumice

A light, porous volcanic rock formed from explosive eruptions, known for its ability to float on water.

Welded Tuff

A type of rock formed from volcanic ash ejected during an eruption, which then falls and welds together under high temperature and pressure.

Feldspar

A group of rock-forming silicate minerals that make up a significant portion of the Earth's crust, commonly found in igneous, metamorphic, and sedimentary rocks.