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.
Current Products
Recent Developments
None at this time.
Other Items You May Find Useful
All Revisions for Publication 536
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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