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Form CT 3 4 IInstructions for Form CT 3 4 Prior Net Operating Loss Deduction NOLDct3 4i 2019
The election to waive
the carryback of a net operating loss (NOL) in the year in which
such NOL occurs, as well as to report the specific tax years
from which NOLs have been used in the computation of the
business income base (see Schedule A). Schedule A must be
completed for every tax year. Therefore, Form CT-3.4 must be
filed for every tax year, even when no NOLD is being used in
the computation of the business income base. Failure to file
Form CT-3.4 each tax year may result in a delay...
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