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DOR Net Operating Losses Wisconsin Department of Revenue 2022-2025

Publication 536 2022-2025 Form

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Instructions and help about publication 536 fillable

so line 8A net operating loss nol deduction enter online 8A any nol deduction from an earlier year enter the amount in the pre-printed parentheses as a negative number the amount of your deduction will be subtracted from the other amounts of income listed on lines uh 8B through 8z public you can see publication 536 for more details so if we have a net operating loss we talked about losses a bit meaning that like if you had a Schedule C for example and you had more expenses than income that's quite common for startup type of businesses the IRS is going to be quite skeptical of losses because what what does the IRS want they want you to make income so they could take part of it right if you have a loss they don't want to take they don't want to take on the risk of your business losses they just want the benefit of the business gains right so they're going to be skeptical of the losses so it's possible that you can write off the losses because you w

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