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Mark Anderson
Mark Anderson, Tax Attorney
Category: Tax
Satisfied Customers: 541
Experience:  Tax attorney and accountant
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Line 2. Treat your NOL deduction NOL year entered

Customer Question

Line 2. Treat your NOL deduction for the NOL year entered at the top of the worksheet and later years as a positive amount. Add it to your negative taxable income (figured without the NOL deduction). Enter the result on line 2.
DO NOT UNDERSTAND THIS INSTRUCTION FOR NOL CARRYOVER- WHICH lines do I use from my 2014 return how do I compute my negative taxable income line 41 on my 2014 return?
Submitted: 1 year ago.
Category: Tax
Customer: replied 1 year ago.
this is a nol carryover I am using
Customer: replied 1 year ago.
talking about irs536
NOL Carryover From 2015 to 2016
Worksheet Instructions
Expert:  ShawnA replied 1 year ago.
The best solution is a co0nvcerastion as it is easier for you to understand.
Expert:  Mark Anderson replied 1 year ago.
Here are the instructions: you gone through the form and instructions?
Expert:  Mark Anderson replied 1 year ago.
You enter the amount of the NOL as a positive number.