1040-CA: Prior year net operating loss applied to the current year income

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Prior year carryover information entered in (or proforma’d to) the Net operating loss statement dialogs on Screen CACO is used to calculate the amount of prior year NOL to apply to current year income on Form 3805V, Page 3. For part-year/nonresident returns, a second unit of page 3 is calculated for California sources amounts. The total NOL deduction amount is reported on Schedule CA (540) or Schedule CA (540NR).


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