About Publication 536, Net Operating Losses (NOLs) for Individuals, Estates, and Trusts | Internal Revenue Service

About Publication 536, Net Operating Losses (NOLs) for Individuals, Estates, and Trusts

 

If your deductions for the year are more than your income for the year, you may have a net operating loss (NOL).

Publication 536 covers NOLs for individuals, estates and trusts:

  • How to figure an NOL.
  • When to use an NOL.
  • How to claim an NOL deduction.
  • How to figure an NOL carryover.

Current revision

Recent developments

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About Form 1040, U.S. Individual Income Tax Return
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, U.S. Income Tax Return for Estates and Trusts
About Form 1045, Application for Tentative Refund
Page Last Reviewed or Updated: 24-Oct-2024