nd.gov - The Official Portal for North Dakota State Government
North Dakota: Legendary. Follow the trail of legends
 

FAQ Articles

A taxpayer incurred Net Operating Losses (NOL) in the years prior to the lookback period. Can these NOLs be carried forward into the years of the lookback period

No, the lookback period is considered the starting point for ND activity. NOLs incurred before the lookback period or that arise from activity outside of North Dakota cannot be carried forward into the lookback period.

nd.gov - The Official Portal for North Dakota State Government
North Dakota: Legendary. Follow the trail of legends

Ryan Rauschenberger
Tax Commissioner
Facebook Icon Twitter Icon You Tube Icon Linked In Icon

FAQ Articles

A taxpayer incurred Net Operating Losses (NOL) in the years prior to the lookback period. Can these NOLs be carried forward into the years of the lookback period

No, the lookback period is considered the starting point for ND activity. NOLs incurred before the lookback period or that arise from activity outside of North Dakota cannot be carried forward into the lookback period.

OK   Cancel