Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How can a net operating loss (NOL) be filed and how far back can it be claimed?

April 26, 2017claimed filed loss NET NOL operating

0

Posted

How can a net operating loss (NOL) be filed and how far back can it be claimed?

2 Answers

0

Posted

Since Utah income is based on federal adjusted gross income, claim the NOL by filing an amended Utah return for the year(s) an NOL is also claimed on the federal return(s).

0

Posted

Since Utah income is based on federal adjusted gross income, file an amended Utah return for the year(s) you are claiming an NOL on the federal return(s).