Screen MINOL - Michigan Net Operating Loss (1120)

Net Operating Loss Carryover

Enter the net operating loss, as a negative number, for each of the preceding periods.
If business loss was acquired in an IRC 381(a)(1) or (2) transaction, enter the acquired corporation name, FEIN and loss amount in the statement. If the loss was acquired in the current year, enter
X
in the
Loss Acquired in Current Year
column. The application marks Form 4891, Line 36b and prints the detail statement.
Enter the net operating loss utilized as a positive number in these boxes for each of the preceding periods in which a loss was utilized.
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