Current-year net operating loss (NOL) calculation
Starting in UltraTax CS/1040-Indiana 2023, the current-year Indiana NOL calculates based on your federal data entry and amounts you enter in the
INAdj
screen. Indiana's version of Form 1045A and Schedule IT-40NOL calculate the Indiana NOL.For information on calculating a current-year Indiana NOL in UltraTax CS 2022 and prior, visit the Help & How-To Center.
