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PJC4
Level 3

PUB 536 (2023) Interpretation for NOL in year 2022....CarryForward case?

My case:

NOL From 2022 carried forward to 2023 but not consumed. How do I compute the 2023 NOL Deductions Carryforward to 2024....?

 

Pub 536 (2023) only gives the case for "If you had an NOL deduction carried forward from a year before 2018 that resulted in your having taxable income on your 2023 return <=0......" (Why only this specific case?)

 

What instructions exist for my case above?

Please help!!!

 

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1 Best answer

Accepted Solutions

PUB 536 (2023) Interpretation for NOL in year 2022....CarryForward case?

see if PUB 536 for 2022 helps. apparently, you use woeksheet1 to compute the 2022 NNOL and then go to worksheet 3

https://www.irs.gov/pub/irs-prior/p536--2022.pdf 

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2 Replies

PUB 536 (2023) Interpretation for NOL in year 2022....CarryForward case?

 

PUB 536 (2023) Interpretation for NOL in year 2022....CarryForward case?

see if PUB 536 for 2022 helps. apparently, you use woeksheet1 to compute the 2022 NNOL and then go to worksheet 3

https://www.irs.gov/pub/irs-prior/p536--2022.pdf 

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