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
About Publication 225, Farmer's Tax Guide
About Publication 334, Tax Guide for Small Business (For Individuals Who Use Schedule C or C-EZ)
About Publication 535, Business Expenses
About Publication 542, Corporations
About Publication 908, Bankruptcy Tax Guide
Comment on Publication 536
Use the Comment on Tax Forms and Publications web form to provide feedback on the content of this product. Although we cannot respond individually to each comment, we do appreciate your feedback and will consider all comments submitted.
CAUTION: We cannot respond to tax-related questions submitted using this page. Instead, please see our Tax Law Questions page.