Good Afternoon All!
Have a C Corp fiscal year ending 7/31/20 with a significant NOL.
Extension was filed and return is due May 15, 2021.
Appears Corporation can now carryback an NOL 5 years.
( 15, 16, 17, 18 had taxable income & 14 had a loss.)
Form 1139 only has columns to carryback 3 years ...
Do I need another Form to carryback 5 years??
Sorry for the elementary question but it has been a long time since I have
I have carried back an NOL.
Thanks in advance!
Haydengulf