Screen ORMETNOL - Metro Net Operating Loss Carryover (1120)

Metro Net Operating Loss Carryover

The
Income (Loss)
fields should reflect the taxable income or net operating loss amounts as reported on Forms METBIT-20 or METBIT-20S for each of the preceding periods. Enter net operating losses as negative numbers.
The application adds the amounts in these fields to the income or loss amounts reflected in the
Income (Loss)
column to determine the amount of net operating loss available for carryover.
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