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MONTANA NOT Rev. 1206 2006 Montana Net Operating Loss 1530117, MCA For tax year January 1 December 31, 2006, Fiscal tax year beginning, 2006, ending, 20 Schedule A 1. Enter the amount from your 2006
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NOL NOL stands for Net Operating Loss carryforward and carry back.
Companies that have incurred a net operating loss and wish to carry it forward or back to offset future or previous taxable income are required to file NOL NOL.
NOL NOL can be filled out by providing detailed information about the net operating loss incurred, the tax year it occurred, and any carryforward or carry back plans.
The purpose of NOL NOL is to allow companies to offset future or previous taxable income with net operating losses, reducing their overall tax liability.
Companies must report the amount of net operating loss incurred, the tax year it occurred, and any plans to carry it forward or back.
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