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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 7: Deductions and Losses: Certain Business Expenses and Losses
  5. Question
    When a Net Operating Loss Is Carried Back to a Non-Loss
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When a Net Operating Loss Is Carried Back to a Non-Loss

Question 12

Question 12

True/False

When a net operating loss is carried back to a non-loss year, the net operating loss can affect the medical expense deduction of the carryback year.

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