Publication 536, Net Operating Losses (NOLs) for Individuals, Estates, and Trusts
If your deductions for the year are more than your income for the year, you may have a net operating loss (NOL).
This publication covers NOLs for individuals, estates and trusts:
- How to figure an NOL,
- When to use an NOL,
- How to claim an NOL deduction, and
- How to figure an NOL carryover.
Other Items You May Find Useful
Publication 225, Farmer's Tax Guide
Publication 334, Tax Guide for Small Business (For Individuals Who Use Schedule C or C-EZ)
Publication 535, Business Expenses
Publication 542, Corporations
Publication 908, Bankruptcy Tax Guide
Comment on Publication 536
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