Form 56A
                         Net Operating Loss Application                                                              2023

Names as shown on return                                                           Social Security number or EIN

Loss or Absorption Year                                        2001 2002 2003 2004 2005 2006                    2007 2008
1. Idaho loss. Form 56, line 7 ..........................
2. Idaho absorption income. Form 56, line 8 ...
Carryback
3. Loss used in 2nd preceding year ..................
4. Loss used in 1st preceding year ..................
Carryforward
5. Loss used in 2001 ........................................
6. Loss used in 2002 ........................................
7. Loss used in 2003 ........................................
8. Loss used in 2004 ........................................
9. Loss used in 2005 ........................................
10. Loss used in 2006 ........................................
11. Loss used in 2007 ........................................
12. Loss used in 2008 ........................................
13. Loss used in 2009 ........................................
14. Loss used in 2010 ........................................
15. Loss used in 2011 ........................................
16. Loss used in 2012 ........................................
17. Loss used in 2013 ........................................
18. Loss used in 2014 ........................................
19. Loss used in 2015 ........................................
20. Loss used in 2016 ........................................
21. Loss used in 2017 ........................................
22. Loss used in 2018 ........................................
23. Loss used in 2019 ........................................
24. Loss used in 2020 ........................................
25. Loss used in 2021 ........................................
26. Loss used in 2022 ........................................
27. Loss used in 2023 ........................................
28. Remaining loss ............................................
29. Total carryover loss remaining .....................
EFO00331 09-18-2023                                                                                                  Page 1 of 3

                         Form 56A
                         Net Operating Loss Application                                                              2023

Names as shown on return                                                           Social Security number or EIN

Loss or Absorption Year                                        2009 2010 2011 2012 2013 2014                    2015 2016
1. Idaho loss. Form 56, line 7 ...........................
2. Idaho absorption income. Form 56, line 8 ....
Carryback
3. Loss used in 2nd preceding year ...................
4. Loss used in 1st preceding year ..................
Carryforward
5. Loss used in 2001 ........................................
6. Loss used in 2002 ........................................
7. Loss used in 2003 ........................................
8. Loss used in 2004 ........................................
9. Loss used in 2005 ........................................
10. Loss used in 2006 ........................................
11. Loss used in 2007 ........................................
12. Loss used in 2008 ........................................
13. Loss used in 2009 ........................................
14. Loss used in 2010 ........................................
15. Loss used in 2011 ........................................
16. Loss used in 2012 ........................................
17. Loss used in 2013 ........................................
18. Loss used in 2014 ........................................
19. Loss used in 2015 ........................................
20. Loss used in 2016 ........................................
21. Loss used in 2017 ........................................
22. Loss used in 2018 ........................................
23. Loss used in 2019 ........................................
24. Loss used in 2020 ........................................
25. Loss used in 2021 ........................................
26. Loss used in 2022 ........................................
27. Loss used in 2023 ........................................
28. Remaining loss ............................................
29. Total carryover loss remaining .....................
EFO00331 09-18-2023                                                                                                  Page 2 of 3 

                         Form 56A
                         Net Operating Loss Application                                                             2023

Names as shown on return                                                           Social Security number or EIN

Loss or Absorption Year                                        2017 2018 2019 2020 2021 2022                    2023
1. Idaho loss. Form 56, line 7 ...........................
2. Idaho absorption income. Form 56, line 8 ....
Carryback
3. Loss used in 2nd preceding year ...................
4. Loss used in 1st preceding year ..................
Carryforward
5. Loss used in 2001 ........................................
6. Loss used in 2002 ........................................
7. Loss used in 2003 ........................................
8. Loss used in 2004 ........................................
9. Loss used in 2005 ........................................
10. Loss used in 2006 ........................................
11. Loss used in 2007 ........................................
12. Loss used in 2008 ........................................
13. Loss used in 2009 ........................................
14. Loss used in 2010 ........................................
15. Loss used in 2011 ........................................
16. Loss used in 2012 ........................................
17. Loss used in 2013 ........................................
18. Loss used in 2014 ........................................
19. Loss used in 2015 ........................................
20. Loss used in 2016 ........................................
21. Loss used in 2017 ........................................
22. Loss used in 2018 ........................................
23. Loss used in 2019 ........................................
24. Loss used in 2020 ........................................
25. Loss used in 2021 ........................................
26. Loss used in 2022 ........................................
27. Loss used in 2023 ........................................
28. Remaining loss ............................................
29. Total carryover loss remaining .....................
EFO00331 09-18-2023                                                                                                 Page 3 of 3 

                              Form 56A — Instructions
                              Net Operating Loss Application                                                                 2023

Carryback/Carryover of Idaho NOL                                               must carry the Idaho NOL forward. You can carry 
For a corporation with multiple entities                                       forward the remaining amount and apply it to the 
operating in Idaho, each entity with Idaho activity                            next 20 years until the NOL is fully absorbed.
can carryback $100,000 of NOL, up to the amount 
of Idaho taxable income per entity in the year                                 For losses incurred after January 1, 2000, and 
carried back.                                                                  before January 1, 2013, you must carry back the 
                                                                               Idaho NOL and apply it to the prior two years. You 
For an affected business entity (ABE), a                                       can carry forward the remaining amount and apply it 
net operating loss must be carried forward to                                  to the next 20 years until the NOL is fully absorbed.
succeeding taxable years. If the ABE doesn’t make                              You can carry back a maximum of $100,000 
the election to be an ABE in any succeeding taxable                            ($50,000 if you’re filing as married filing separately) 
year, the unused net operating loss will flow through                          of Idaho NOL. You must carry forward any Idaho 
to the members.
                                                                               NOL in excess of $100,000.
For losses incurred after January 1, 2013, you 
only have one year from the end of the loss year to 
file an amended return to carry back the Idaho NOL 
and apply it to the prior two years. After that, you 

Application of an NOL (Example)
In this example, 2023 is the loss year. The loss amount is ($249,000) (shown on line 7). The taxpayer has Idaho 
absorption income of $73,500 in 2021 and $44,900 in 2022 (shown on line 8). $73,500 of the ($249,000) loss 
is used in 2021. Since the carryback is limited to $100,000, only $26,500 of the loss can be used in 2022. The 
remainder of the loss ($149,000) is available to be used in the next 20 years (remaining loss).
Loss or Absorption Year                                                   2020       2021       2022     2023
1.  Idaho adjusted income per return .......................                         70,500     32,900   (257,000)
2.  Idaho net operating loss carryforward/carryback. 
    Enter as positive ..................................................
3.  Net capital loss. Enter as positive .........................                    3,000
4.  Idaho capital gains deduction. 
    Enter as positive ..................................................                        12,000   8,000
5.  Idaho qualified business income deduction. Enter 
    as positive. (For years beginning in 2019.) ..........
6.  Casualty losses on Idaho property included in 
    itemized deductions. Enter as negative ...............
7.  Idaho net operating loss. 
    Add lines 1 through 6 ...........................................                                    (249,000)
8.  Idaho absorption income. 
    Add lines 1 through 6 ...........................................                73,500     44,900

Loss or Absorption Year                                                   2020       2021       2022     2023
1.  Idaho loss. Form 56, line 7 ..................................                                       (249,000)
2.  Idaho absorption income. Form 56, line 8 .............                           73,500     44,900
Carryback
3.  Loss used in 2nd preceding year .........................                        (73,500)   (26,500)
4.  Loss used in 1st preceding year ..........................

28.  Remaining loss. ....................................................                                (149,000)
29. Total carryover loss remaining ...............................

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EIN00108 09-18-2023