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Loss carryback – 1. Taxpayer is 100% owner of S-corporation

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Question : Loss carryback -1. Taxpayer is 100% owner of S-corporation<br/>2. S-corporation had a large loss due to structural damage to building because of Hurricane.<br/>3. Bringing the loss over to her personal return has created a NOL.Q1 – can I complete the 1045 and carry the loss back two years? Is there any special ruling […]

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