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How much tax refund will starlight have

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Reference no: EM132982703

Question - Starlight Corporation has taxable income of $210,000 in 2013 and a NOL of $10,000 in 2014. Assume Starlight's MTR is 0.39 in both 2013 and 2014. If Starlight carry back all the NOL to 2013, how much tax refund will Starlight have?

Reference no: EM132982703

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