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FORM NOL85 Rev. 2/96 Loss Year Ending ALABAMA DEPARTMENT OF REVENUE Computation of Net Operating Loss, 19 Use ONLY for Years Beginning after December 31, 1984, Name(s) as shown on Form 40, or 40NR
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What is form nol-85 296?
Form NOL-85 296 is a tax form used to report net operating losses.
Who is required to file form nol-85 296?
Companies or individuals who have incurred net operating losses and want to carry them forward or back may be required to file Form NOL-85 296.
How to fill out form nol-85 296?
Form NOL-85 296 should be filled out with information regarding the net operating losses incurred, along with other relevant financial data.
What is the purpose of form nol-85 296?
The purpose of Form NOL-85 296 is to allow taxpayers to carry forward or back net operating losses to offset taxable income in other years.
What information must be reported on form nol-85 296?
Information regarding net operating losses, taxable income, and other financial data must be reported on Form NOL-85 296.
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