Net operating loss deduction definition

Net operating loss deduction means the amount allowed as a deduction for the net operating loss carryover to the privilege period, calculated as follows:
Net operating loss deduction means the portion of the net operating loss carryover that may be deducted from the taxpayer's apportioned net income under the Internal Revenue Code as of January 1, 2018 for the taxable year in which the deduction is taken, including the eighty percent limitation of Section 172(a) of the Internal Revenue Code as of January 1, 2018 calculated on the basis of the taxpayer's apportioned net income;
Net operating loss deduction means the aggregate of the apportioned net operating loss carryovers to the taxable year.

Examples of Net operating loss deduction in a sentence

  • Net operating loss deduction on KJRA project.................................................................................3.

  • The following are not allowed.• Net operating loss deduction (section 172).• Deductions under Part VIII of subchapter B (special deductions forcorporations).If facilities are used (or personnel are employed) for both exempt and nonexempt purposes, see Regulations section 1.528-10.Exempt function income.

  • Net operating loss deduction on KREDA project ..............................................................................3.

  • Net operating loss deduction on KIRA project.....................................................................................3.

  • Net operating loss deduction on KIDA project ...................................................................................3.

  • Net operating loss deduction on KRA project...................................................................................3.

  • Net operating loss deduction on KBI project ....................................................................................3.

  • Net operating loss deduction (from Form NYC-2.4, Schedule A, line 6) 35.36.

  • Subtract line 23 from line 22..........................................................222324cNameFederal employer identification numberc Schedule B - Deductions to Federal Taxable Income1 a Net operating loss deduction (see instructions - attach schedule) .................................................................

  • Net operating loss deduction on FON project ..................................................................................3.


More Definitions of Net operating loss deduction

Net operating loss deduction means the aggregate of the apportioned net
Net operating loss deduction means the portion of the net
Net operating loss deduction means the portion