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Question 64 of 75. After you have completed a return and determined that the taxpayer...

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Accounting

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Question 64 of 75. After you have completed a return and determined that the taxpayer has an NOL, what is the next step for claiming an NOL? O Deduct the NOL in the carryback or carryforward year. O Determine the amount of the taxpayers unused NOL. O Decide either to carry the NOL back to a past year or to waive the carryback period and carry the NOL torvard to a future year O Carry over the unused NOL to the next carryback or carryforward year Mark for follow up Question 64 of 75. After you have completed a return and determined that the taxpayer has an NOL, what is the next step for claiming an NOL? O Deduct the NOL in the carryback or carryforward year. O Determine the amount of the taxpayers unused NOL. O Decide ether to carry the NOL back to a past year or to waive the carryback period and cary the NOL forward to a future year O Carry over the unused NOL to the next carryback or carryfonward year Mark for follow up

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