Questions & Answers

How much of my California Net Operating Loss (NOL) can I carry back to previous tax returns?

NOLs incurred in taxable years beginning on or after January 1, 2013, can be carried back to each of the preceding two taxable years. This may allow you to receive an additional refund on your 2016 and 2017 California returns.

For NOLs incurred in 2013, you may carryback 50% of the NOL.

For NOLs incurred in 2014, you may carryback 75% of the NOL.

From tax years 2015 onward, you may carry back the full amount of the NOL.

Enter your taxable income from your previous two California returns and we'll calculate the amount to carry back to each year. If you didn't file a California tax return for one of the years, enter $0 as your taxable income for that year.

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