Enrolled Agent Exam [Part 2] 63, Net Operating Loss (NOL) — Carryforward Rules

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Post-2017 Net Operating Losses (NOLs) have an indefinite carryforward period but generally cannot be carried back. - The deduction for post-2017 NOLs is limited to 80% of the taxable income in the carryover year, calculated before the NOL deduction itself. - Pre-2018 NOLs follow older rules: a 2-year carryback and a 20-year c...