mbooska
New Member

Business & farm

Ok, I'm not understanding you. How are we supposed to divide the balance among us? We are both taking the 3,000 max so the balance is getting reduced by 6,000 each tax year. We agreed that I would use the nol carryforward for 3 tax years. Should I allocate the balance to myself for this total amount (ie $18,000) and the remaining balance would go on my ex's return?