Split taxpayer and spouse amounts for Net Operating Loss (NOL) deduction
Resident
If taxpayer and spouse are taxed in different counties, enter the taxpayer portion of the calculated NOL deduction in the
Indiana net operating loss deduction
fields on the INAdj screen in the Income and Adjustments folder. The balance of the calculated NOL deduction delegates to the spouse. The Taxable Income Worksheet uses these amounts to calculate county income for the taxpayer and spouse on Schedule CT-40. Part-year/Nonresident
Use the
Indiana net operating loss deduction
fields on the INAdj screen to enter the taxpayer and spouse amounts of the NOL deduction applicable to Schedule C and to county taxable income for Schedule CT-40PNR. 
