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MONTANA NOT Rev. 1205 2005 Montana Net Operating Loss For tax year January 1 December 31, 2005, Fiscal tax year beginning, 2005, ending, 20 Schedule A 1. Enter the amount from your 2005 Montana Form
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nol nol stands for Net Operating Loss, which is a tax provision that allows businesses to offset taxable income with losses from previous years.
Businesses that have incurred net operating losses and want to utilize them for tax purposes are required to file nol nol.
To fill out nol nol, businesses need to report their net operating losses, corresponding tax years, and any other required information on the appropriate tax forms.
The purpose of nol nol is to allow businesses to account for losses from previous years and reduce their taxable income.
Businesses must report their net operating losses, any carryover amounts, and any other relevant information required by tax authorities.
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