Use Form 461 to figure the excess business loss that is reported on your noncorporate tax return. Current revision Form 461 PDF Instructions for Form 461 (Rev. 2023) PDF Recent developments None at this time. Other items you may find useful All Form 461 revisions Other current products Related items About Form 1040, U.S. Individual Income Tax Return About Form 1040-SR, U.S. Tax Return for Seniors About Form 1040-NR, U.S. Nonresident Alien Income Tax Return About Form 1041, U.S. Income Tax Return for Estates and Trusts About Form 1041-QFT, U.S. Income Tax Return for Qualified Funeral Trusts About Form 1041-N, U.S. Income Tax Return for Electing Alaska Native Settlement Trusts About Form 990-T, Exempt Organization Business Income Tax Return (and proxy tax under section 6033(e)) About Form 1045, Application for Tentative Refund About Form 6198, At-Risk Limitations About Publication 225, Farmer's Tax Guide About Publication 536, Net Operating Losses (NOLs) for Individuals, Estates, and Trusts About Publication 925, Passive Activity and At-Risk Rules
