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Get IRS Instruction 1045 2020-2024

Future Developments For the latest information about developments related to Form 1045 and its instructions, such as legislation enacted after they were published, go to IRS.gov/Form1045. Reminders NOL carryback eliminated. The Tax Cuts and Jobs Act (TCJA), section 13302, eliminated the option for most taxpayers to carry back a net operating loss (NOL). Most taxpayers can only carry NOLs arising from tax years ending after 2017 to a later year. An exception applies to certain farming losses. S.

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