u/Dazzling-Celery-3848

Am I mistaken on cap gain carry foward for c-corp?

I always thought this was optional and that corporation has option to either carry back 3 years or carryforward 5 years. Now TCP is saying u MUST carryback 3 years first.

SOMEONE EXPLAIN OR JUST CONFIRM.

THANKS

reddit.com

u/Dazzling-Celery-3848 — 11 days ago

▲ 1 r/CPA

are these hardles effect each other or are they separate calculations?

u/Dazzling-Celery-3848 — 20 days ago