NOL CARRYFORWARD SCHEDULE (SCHEDULE NOL-CF (41A720NOL-CF))

This government document is issued by Department of Revenue for use in Kentucky

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File Details: PDF
Downloads: 32
Source
https://revenue.ky.gov/Forms/2016_41A720NOL-CF.pdf
Tags
  • Corporation Income Tax

## Purpose of Schedule ##

This schedule shall be completed and submitted with a mandatory nexus consolidated tax return if the affiliated group includes a member having an NOL carryforward that was not a member of the affiliated group in the prior year.

## Specific Instructions ##

"Name of Corporation" - Enter the name, Federal Identification Number, and Kentucky Corporation/LLET Account Number.

"Column A" - For each new member having an NOL carryforward, enter the name, Kentucky Corporation/LLET, Account Number, and NOL carryforward amount. A corporation does not have an NOL carryforward if it did not have Kentucky nexus during the tax year of the NOL.

"Column B" - If a new member was a member of a consolidated group in the prior year, enter the name and Kentucky Corporation/LLET Account Number of the parent of the consolidated group.

## Attach to Form 720 ##

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