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Subject: Re: Net Operating Loss carry back/ forward | Date: 11/30/2021 12:24 AM | |
Author: WendyBG | Number: 133258 of 134394 | |
<I also have it in the back of my mind that there is a time limit for filing a refund claim based on an NOL carry back. > You may be correct but it doesn't apply in this case. There was no filing and no tax paid so there will be no refunds. There are only losses so no tax is owed. <Hence my suggestion for professional help.> That may be necessary. But perhaps someone knows the answer to get me over this hump. Thanks, Wendy |
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