APPENDIX 2: LOSS CARRYOVER PERIOD
Business Losses |
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| Tax Year Loss Occurred | Carryback | Carryforward |
| Before 2003 | 3 years | 7 years |
| After March 22, 2004 | 3 years | 10 years |
| After 2005 | 3 years | 20 years |
Farm Losses |
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| Tax Year Loss Occurred | Carryback | Carryforward |
| Before 2006 | 3 years | 10 years |
| After 2005 | 3 years | 20 years |