What is the 80% limitation on NOL deductions?

Under TCJA 2017: NOLs generated after 2017 can be carried forward indefinitely but can only offset up to 80% of taxable income in any year. Pre-2018 NOLs retain 20-year carry-forward with 100% offset.

Can an NOL be carried back?

Post-TCJA: generally no carry-back for most NOLs. CARES Act temporarily reinstated 5-year carry-back for 2018-2020 losses. Check current legislation for exceptions.

How does Section 382 affect NOL use after an ownership change?

Section 382 limits annual NOL utilization after a more than 50% ownership change in a 3-year period. The annual limitation = fair market value of loss corporation x long-term tax-exempt rate.

NOL Net Operating Loss Carry-Forward Calculator

Calculate the tax benefit of net operating loss carry-forwards. Post-2017 TCJA: indefinite carry-forward with 80% taxable income limitation per year.

Principal ($)

Annual Rate (%)

Years

Compounding / Year

$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.

How to Use

Enter the values for the scenario you are assessing. Calculate the tax benefit of net operating loss carry-forwards. Post-2017 TCJA: indefinite carry-forward with 80% taxable income limitation per year. Use the nol carry-forward result to inform your calculation.

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