Sentences with phrase «net operating loss carryovers»

If the business owns appreciated property, a sale of assets will produce a gain that could be offset by the credits or net operating loss carryovers.

A business may want to recognize gains to use business credits or net operating loss carryovers.

Installment Sales related items, Foreign Tax Credit, Passive Activities, Net Operating Loss carryovers, Schedule D amounts containing unrecaptured section 1250 gain (or anticipated for AMT purposes), sale of disposition of business assets, investment interest expense election including net capital gains in investment income, and items covered under «at risk» rules will not be accommodated by the system.

Not exact matches

These provisions are partially offset by tax base - broadening provisions, including reducing the limit on interest deductions ($ 172 billion), eliminating the domestic production activities deduction ($ 95 billion), limiting carryover of net operating losses ($ 156 billion), eliminating the orphan drug tax credit ($ 54 billion), and eliminating private activity bonds ($ 39 billion).

Line 11: Alternative Tax Net Operating Loss deduction: This is the sum of the alternative tax net operating loss (ATNOL) carryovers and carrybacks to the tax yeNet Operating Loss deduction: This is the sum of the alternative tax net operating loss (ATNOL) carryovers and carrybacks to the Operating Loss deduction: This is the sum of the alternative tax net operating loss (ATNOL) carryovers and carrybacks to the tax yLoss deduction: This is the sum of the alternative tax net operating loss (ATNOL) carryovers and carrybacks to the tax yenet operating loss (ATNOL) carryovers and carrybacks to the operating loss (ATNOL) carryovers and carrybacks to the tax yloss (ATNOL) carryovers and carrybacks to the tax year.