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Jordan76009
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Net Operating Loss (NOL)

Hi there,

 

If I have a negative net income, does this automatically mean that I have a net operating loss (NOL)? Thanks

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1 Best answer

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Net Operating Loss (NOL)


@Jordan76009 wrote:

If I have a negative net income, does this automatically mean that I have a net operating loss (NOL)?


 

No, it does not. You need to calculate an NOL.

 

See https://www.irs.gov/publications/p536#en_US_2021_publink1000177330

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1 Reply

Net Operating Loss (NOL)


@Jordan76009 wrote:

If I have a negative net income, does this automatically mean that I have a net operating loss (NOL)?


 

No, it does not. You need to calculate an NOL.

 

See https://www.irs.gov/publications/p536#en_US_2021_publink1000177330

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