According to the Montana NOL carryover instructions, "Montana Class A NOL deductions designate NOL amounts that arose from losses incurred in a tax year beginning before January 1, 2018. In general, Class A NOL amounts may be carried back two years and forward 20 years". However, As a result of legislation (see Legislative Changes below), the Montana NOL deduction and carryover beginning in Tax Year 2024 has been repealed. The following schedules have been removed: the Class A NOL Tracking Table, Class A/B Carryover Determination Schedule, and the NOL Carryover Table. The form was removed for 2024. This is why the carry over is not pulling over from the prior year state return.
@ponderosa7
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
