- 1 -
|
NET OPERATING LOSS DEDUCTION (NOLD)
-2.4
You MUST attach this form to Form NYC-2 or NYC-2A each tax year
For Calendar Year 2022 or Fiscal Year Beginning _______________________, 2022 and ending _____________________________
Name as shown on NYC-2 or NYC-2A: Employer Identification Number
A. Were there any special federal Net Operating Loss elections?.............................................................................................. n YES n NO
B. NYC-2A filers: Have there been any changes in the composition of the group of corporations included in this Combined Business
*31612291*
Corporation Tax Return from the prior tax period? If "YES," please complete Schedules B and C. (See instructions)............ n YES n NO
C. Are you making an election to waive the carryback period for NOLs generated in the current tax period? .......................... n YES n NO
SCHEDULE A - COMPUTATION OF CURRENT NYC NET OPERATING LOSS DEDUCTION (NOLD)
1. Multiply Form NYC-2 or NYC-2A, Schedule B, line 34 by your appropriate business income base
tax rate for the current year from Schedule H, Determination of Tax Rate in Form NYC-2 or NYC-2A (see instr.) .... 1. ______________________________
2. Enter the greater of the capital base tax or the fixed dollar minimum tax for the current tax year
(from Form NYC-2 or NYC-2A, Schedule A, line 2 or 3) .............................................................................. 2. ______________________________
3. Subtract line 2 from line 1. If less than zero, enter "0" (see instructions) .................................................. 3. ______________________________
4. NOLD that is required to be utilized, if available (divide line 3 by the same
business income base tax rate used for line 1; do not enter less than zero) ............................................... 4. ______________________________
Computation of net operating loss (NOL) to be used (see instructions)
5a. NOL carryforward from prior year’s Form NYC-2.4.............................................5a. _____________________________
5b. NOL carryforwards from new members who entered the group
during the current tax year ............................................................................ 5b. _____________________________
5c. NOL carryback ............................................................................................. 5c. _____________________________
5d. Subtotal (add lines 5a, 5b and 5c) .................................................................................................................. 5d. ______________________________
5e. NOLs carryforwards that have expired ......................................................... 5e. _____________________________
5f. NOL carryforwards unavailable for use in the current tax year ........................ 5f. _____________________________
5g. Add lines 5e and 5f .......................................................................................................................................5g. ______________________________
5h. Total of NOLs available to be used in the current tax year (subtract line 5g from line 5d) .................................5h. ______________________________
6. NOLs to be used in the current tax year .................................................... 6.
Computation of NOL carryforward (see instructions)
7a. NOL incurred in the current tax year ........................................................................................................... 7a. ______________________________
7b. Net NOLs available (add lines 5h, 5f and 7a).............................................................................................. 7b. ______________________________
7c. NOL carryforwards from members who left the group
during the current tax year ............................................................................ 7c. _____________________________
7d. Add lines 6 and 7c ......................................................................................................................................... 7d. ______________________________
7e. NOL available to be carried forward (subtract line 7d from 7b) ......................................................................... 7e. ______________________________
SCHEDULE B - FORM NYC-2A FILERS ONLY: ENTITIES NOT INCLUDED IN PRIOR COMBINED RETURN
Are any entities included in the Combined Business Corporation Tax Return that were not included in the return for the prior period? n YES n NO
Complete this schedule for each corporation included in the Combined Business Corporation Tax Return that was not included in the
Combined Business Corporation Tax Return for the prior tax period.
ABCDEFG
Name Employer NOL available Beginning date Ending date Reason(s) INCLUDED Subject to
of Identification at the beginning of this tax period of this tax period in combined IRC
corporation Number of this tax period (mm-dd-yy) (mm-dd-yy) business corporation tax return §§381-384
_____________________________________________________________________________________________________________________________________________or SRLY
_____________________________________________________________________________________________________________________________________________n
_____________________________________________________________________________________________________________________________________________n
_____________________________________________________________________________________________________________________________________________n
_____________________________________________________________________________________________________________________________________________n
_____________________________________________________________________________________________________________________________________________n
_____________________________________________________________________________________________________________________________________________n
If additional space is required, please use this format on a separate sheet and attach to this page.
31612291 NYC-2.4 - 2022
|