Net Operating Loss

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Subject Author Date Net Operating Loss jhhtexas 08-30-2009
Posted by jhhtexas on August 30, 2009, 7:20 pm Please log in for more thread options I have a client with a large one-year NOL in a partnership. She terminated the partnership in less than a year and continued the same business as a Sole Proprietor. Is there any way to carryover the partnership NOL to her Schedule C for the following year? -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Similar Threads Posted VA net operating loss May 19, 2008, 8:36 pm Re: Net Operating Loss August 30, 2009, 11:54 pm Net Operating Loss Confusion. Please Help June 23, 2006, 3:10 am Net operating loss - rental activity November 16, 2009, 11:33 pm Carryback of Net Operating Loss -- NY Minimum Tax and Fed taxes February 22, 2010, 12:00 am Form 8829 Carryover from Operating Expenses from 2005? February 27, 2007, 3:17 pm Any way to get a tax loss here? February 24, 2008, 8:00 pm What to do with a net loss? March 13, 2008, 11:26 am Loss on IRA December 15, 2008, 11:18 pm Theft Loss November 24, 2006, 11:34 pm