Question: are nols limited in 2018?
Answer: Taxpayers can carry back NOLs, including non-farm NOLs, arising from tax years beginning in 2018, 2019, and 2020 for 5 years. See section 172(b)(1)(D)(i). NOL limitation suspended. ... The limit will not apply to tax years beginning in 2018, 2019, and 2020.