Nol Carryover Rules 2025

Nol Carryover Rules 2025. The nol deduction is limited to 80% of your taxable income, and you may carry it forward indefinitely if the nol is generated in taxable years after 2017. Understand the nol formula, deduction calculation, and how recent changes to carryback and carryforward rules impact corporate tax planning strategies.

Specifically, tcja changed the nol rules by: (i) the existence of an nol, and (ii) the proper amount of the carryover.