Skip to main content

Solutions

Products

Recommended products

Questions? We are here to help.
Contact us

Purchase

Questions? We are here to help.

Resources

Data entry

Enter net operating loss (NOL)

Enter regular tax NOL

Enter the NOL carryover/carryback amount as a negative amount in the
Net operating loss
 field on the
Income
,
Other
 tab.
note
Planner CS doesn’t track if an NOL was carried forward or carried back and won't calculate the amount of NOL utilized. If the NOL is limited, manually adjust the NOL amount for the year/alternative.

Enter alternative minimum tax (AMT) NOL

Enter AMT NOL carryover/carryback amounts in the
AMT net operating loss
 field on the
AMT
,
Alt Min Tax
 tab. The NOL is limited based on the percentage in the
Percentage for ATNOL deduction
 field.

This article applies to:

  • PRODUCT: Planner CS