Screen ORSRLY - Oregon Separate Return Limit Years (1120)

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Member's Cumulative Contributions

Member’s cumulative contribution to consolidated taxable income (Force)
Enter an amount, including
0
(zero), to change the amount calculated by the application. If this field is blank and the member incurred a net operating loss in a separate return limitation year, the application automatically calculates the member’s cumulative contribution to consolidated taxable income on the member’s OR Consolidated NOL Carryover Worksheet.
Member’s cumulative contribution to consolidated capital gain (Force)
Enter an amount, including
0
(zero), to change the amount calculated by the application. If this field is blank and the member incurred a capital loss in a separate return limitation year, the application automatically calculates the member’s cumulative contribution to consolidated capital gain net income on the member’s OR Consolidated Capital Loss Carryover Worksheet.

Consolidated Capital Loss Carryback

Capital gain (loss) before capital loss carryover (Force)
Enter an amount, including 0, to override the calculated amount. If this field is blank, the application uses the member’s capital loss before capital loss carryover from the OR NOL and Capital Loss Carryover Worksheet to apportion each member’s portion of the consolidated capital loss. The member’s apportioned capital loss is then absorbed against the member’s taxable income from the preceding 3 years.

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