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corp nol


KEYWEST_RICKS

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just wanting to double check with someone else on this. Got a new client from a friend. this is a c corp. has large income this year after having little or no income in the past. had a large nol that last year was the 15th year for carryforward. I believe that large nol has expired and they are unable to use it against income for 2008. agreed?

thanks

jeff

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