Limit for IRC 382 NOL deduction calculation

UltraTax CS determines the applicable limit for the IRC 382 NOL deduction as the sum of the following 3 fields on the
382NOL
screen in the
382 NOL
folder:
  • Annual limit determined under Section 382
  • Current-year adjustments to annual limit due to recognition of other pre-change items x
  • Carryover of excess Section 382 limit from prior years
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