Entering net operating loss (NOL)

Alerts and notices

Entering regular tax NOL

Enter the NOL carryover/carryback amount as a negative amount in the Net operating loss field on the Income > Other tab.

Note: Planner CS does not track if an NOL was carried forward or carried back and will not calculate the amount of NOL utilized. If the NOL is limited, manually adjust the NOL amount for the appropriate year/alternative.

Entering alternative minimum tax (AMT) NOL

Enter AMT NOL carryover/carryback amounts in the AMT net operating loss field on the AMT > Alt Min Tax tab. The NOL will be limited based on the percentage in the Percentage for ATNOL deduction field.

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