Nol

[Super Mom]

A person with no stock in a corp. becomes a 33% stockholder, this doesn't affect NOL right? I'm understanding that they would have to be 50% or more, very confusing, don't want to lose NOL.

[Jiggers]

Nol

The NOL stands alone. It belongs to the corporation, not the shareholders.

This is for a C-Corporation.

There is no such thing as an NOL for an S-Corporation.

[Super Mom]

The NOL stands alone. It belongs to the corporation, not the shareholders.

This is for a C-Corporation.

There is no such thing as an NOL for an S-Corporation.

This is a C-Corp. The reason for my concern is the NOL is disqualified if there is a more than 50% change in ownership, then upon further research, I'm understanding it as stated above. Complicated!