Loss Carryback
Loss Carryback is.
offsetting the current year's net loss against the net income of the preceding years (currently 3 years) for tax purposes, and frequently obtaining a refund for taxes paid in previous years.
Loss Carryback is.
offsetting the current year's net loss against the net income of the preceding years (currently 3 years) for tax purposes, and frequently obtaining a refund for taxes paid in previous years.
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