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Form 1045 - NOL Questions

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    Form 1045 - NOL Questions

    1) Line 2b - This is for the filing date of the return that created the NOL, correct? Or is it the filing date of the return to which the NOL is being applied?

    2) Line 28 - I've read section 1341(b)(1) and I just don't understand what it's saying. Should I put the Line 27 "Decrease in Tax" on this line?

    Thanks in advance for any replies.

    #2
    Originally posted by j2kp0t View Post
    1) Line 2b - This is for the filing date of the return that created the NOL, correct? Or is it the filing date of the return to which the NOL is being applied?

    2) Line 28 - I've read section 1341(b)(1) and I just don't understand what it's saying. Should I put the Line 27 "Decrease in Tax" on this line?

    Thanks in advance for any replies.
    Line 2b is the filing date of return on which the NOL was incurred. NOL on 2006 tax return, line 2b would be 4/17/07.

    Line 28 - I do not put an amount on that line.

    Maribeth

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      #3
      thank you

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