This section contains scenarios that show how various settings in the Federal NOL automation affect the NOL Reclass, the Federal Taxable Income (Post-NOL), and the NOL Ending Balance.

 

Select the following scenarios to see various calculations.

 

Scenario 1

Scenario 2

Scenario 3

Scenario 4

Scenario 5

Scenario 6

Scenario 7

Scenario 8

Scenario 9

Scenario 10

 

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Note: Use reporting to see the NOL Automation detail by selecting Reporting > Dataset > Report Level. Click Tax Provision > Options > Detail (in the View list) > Run. In the report, select a hyperlink to see the lower level detail.

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