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- Click ‘Get Form’ to open the 80 155 in the editor.
- Begin by entering your Taxpayer SSN and, if applicable, your Spouse SSN in the designated fields.
- Indicate whether you are amending the form by checking the appropriate box.
- For the NET OPERATING LOSS section, enter the NOL Year End date in YYYYMMDD format.
- Input the NOL Amount as a negative number. This represents your net operating loss for that year.
- Fill in the Income Year NOL Applied date and the Amount Used In Income Year as a positive number.
- Calculate and enter Total NOL available as a negative number from previous schedules.
- Record the NOL used in the current year as a positive number and ensure it is also noted on Form 80-108, Schedule N, line 1.
- Finally, determine your Remaining NOL available for carryforward by subtracting line 2 from line 1 and enter this value accordingly.
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