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#1
06-13-2006, 12:40 AM
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 Re: Personal Holding Corp/NOL/carry forward-carry back? Jose wrote: - quote - > Can you carry forward or backward net operating losses?
For a PHC, IRC section 545(b) allows a one-year carryforward> How far? of an NOL in the computation of the corporation's undistributed personal holding company income. I *think* that the regular NOL carry-around rules apply in the computation of the corporation's regular taxable income. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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06-13-2006, 12:40 AM
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| Re: Personal Holding Corp/NOL/carry forward-carry back? Jose wrote: - quote - > Can you carry forward or backward net operating losses?
For a PHC, IRC section 545(b) allows a one-year carryforward> How far? of an NOL in the computation of the corporation's undistributed personal holding company income. I *think* that the regular NOL carry-around rules apply in the computation of the corporation's regular taxable income. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
06-08-2006, 06:42 PM
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| Personal Holding Corp/NOL/carry forward-carry back? Can you carry forward or backward net operating losses? How far? << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| back, corp or nol or carry, forwardcarry, holding, personal |
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