Get the free 2004 NOL worksheet 1-23-05doc 2Q04 - revenue mt
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MONTANA NOT Rev. 2-05 Montana Net Operating Loss for Year 2004 Fiscal tax year beginning, 2004, ending, 20 Schedule A 1. Enter the amount from your 2004 Montana Form 2, line 40. (Estates and trusts,
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Start by opening the 2004 nol worksheet 1-23-05doc document on your computer.
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03
Begin by entering your personal information, such as your name, address, and tax identification number, in the designated fields.
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Proceed to section 1 of the worksheet, which may require you to provide information about your net operating losses (NOL) from previous years. Follow the instructions to accurately report this information.
05
Move on to section 2, where you may need to disclose any deductions or credits that can be carried back or forward for the tax year 2004. Carefully input the necessary data as instructed.
06
In section 3, you might be asked to calculate the amount of NOL deduction available for the year 2004. Apply the appropriate formulas or guidelines given in the worksheet to determine this amount.
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Individuals or businesses that incurred net operating losses in previous years and want to claim deductions or credits for the tax year 2004 may require this worksheet.
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Professionals, such as accountants or tax preparers, who are responsible for assisting clients with filing their 2004 tax returns may need to use 2004 nol worksheet 1-23-05doc to accurately calculate NOL deductions.
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