Posted On: 06/29/2016 10:25:23 AM
Post# of 22940

Re: tradingjeff #9785
I know this one
:
Net operating loss can be carried forward for 20 years and carried back for 2 years, 3 years if it is a casualty loss.
We can make a profit for the next few years and potentially not pay any income taxes because of the carry forward provisions

Net operating loss can be carried forward for 20 years and carried back for 2 years, 3 years if it is a casualty loss.
We can make a profit for the next few years and potentially not pay any income taxes because of the carry forward provisions


I'm only responsible for what I say, not for what you understand.