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Category: Finance
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Experience:  Tax professional and business consultant for 35 years.
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I started a business last year, LLC. I had a NOL of 4852

Customer Question

I started a business last year, LLC. I had a NOL of 4852 that I am carrying forward. How do I determine my ATNOLD?
Submitted: 1 year ago.
Category: Finance
Expert:  PDtax replied 1 year ago.

Hi from just answer. I'm PDtax. I'll assist.

Unless you had any adjustments for 2014, your AMT NOL will be the same as your regular tax, $4852. And, unless you are in AMT for 2015, you won't need to make any adjustments. Use the same figure for both regular and AMT.

Thanks for asking at just answer. Positive feedback using the start scale below is appreciated. I'm PDtax.

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