Net Operating Loss Carryforward Calculator
Calculate NOL utilization and tax savings over time.
NOL Rules Applied
NOL Year:2021
Rule Type:Post-TCJA
Income Limit:80%
Carryforward:Indefinite years
Expiration:None (indefinite)
Post-2017: No carryback, indefinite forward, 80% income limit.
Utilization Summary
Original NOL:$ 100000
Utilized:$ 100000
Remaining:$ 0
Expired:$ 0
Full Use:Yes
NOL offsets taxable income. Post-TCJA limited to 80% of income.
Year-by-Year Utilization
| Year | Income | Limit | Utilized | Remaining |
|---|---|---|---|---|
| 2024 | $ 50000 | $ 40000 | $ 40000 | $ 60000 |
| 2025 | $ 80000 | $ 64000 | $ 60000 | $ 0 |
Each year uses NOL up to income limit. Remaining carries forward.
Tax Savings
Tax Rate:21%
Savings Realized:$ 21000
Potential:$ 21000
Lost Savings:$ 0
Years Used:2
NOL reduces taxable income, saving taxes at your marginal rate.
NOL Key Points
- Pre-2018: 20-year carryforward
- Post-2017: indefinite carryforward
- Pre-2018: 2-year carryback option
- Post-2017: 80% income limit
- Corporate rate: 21%
- File Form 1139 for carryback
- Track utilization annually
- Consider carryback for refund
- Expire unused (pre-TCJA)
- Maximize income timing