C-Corp carryovers once S-Corp revokes election

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Lee Welter
    Junior Member
    • Jan 2021
    • 18

    #1

    C-Corp carryovers once S-Corp revokes election

    A formerly C-Corp with NOL carryovers elected to be taxed as an S-Corp. Are the NOL carryovers still available once the S-Corp now revokes its election?
  • TaxGuyBill
    Senior Member
    • Oct 2013
    • 2321

    #2
    Yes.

    Just adding a few words so this forum will let me post it because it said I need at least 10 characters to post.

    Comment

    Working...