California Form 3805q - Net Operating Loss (Nol) Computation And Nol And Disaster Loss Limitations - Corporations - 2011

Net Operating Loss (NOL) Computation and NOL

CALIFORNIA FORM

TAXABLE YEAR

3805Q

2011

and Disaster Loss Limitations — Corporations

Attach to Form 100, Form 100W, Form 100S, or Form 109.

Corporation name

California corporation number



FEIN

During the taxable year the corporation incurred the NOL, the corporation was a(n):

C corporation







S corporation

Exempt organization

Limited Liability Company (electing to be taxed as a corporation)

If the corporation previously filed California tax returns under another corporate name, enter the corporation name and California corporation number:

______________________________________________________________________________________________________________________________

If the corporation is included in a combined report of a unitary group, see instructions, General Information C, Combined Reporting.

Part I

Current year NOL. If the corporation does not have a current year NOL, go to Part II.

1 Net loss from Form 100, line 19; Form 100W, line 19; Form 100S, line 16; or Form 109, line 2.

Enter as a positive number. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

00

2 2011 disaster loss included in line 1. Enter as a positive number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

00

3 Subtract line 2 from line 1. If zero or less, enter -0- and see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

00

4 a Enter the amount of the loss incurred by a new business included in line 3 . . . . . . . . . . . . . 4a

00

b Enter the amount of the loss incurred by an eligible small business included in line 3 . . . . . 4b

00

c Add line 4a and line 4b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4c

00

5 General NOL. Subtract line 4c from line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

00

6 2011 NOL carryover. Add line 2, line 4c, and line 5. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

00

Part II

NOL carryover and disaster loss carryover limitations. See Instructions.

(g)

1 Net income (loss) – Enter the amount from Form 100, line 19; Form 100W, line 19; Form 100S, line 16 less

Available balance

line 17 (but not less than -0-); or Form 109, line 2. If the corporation net income after state adjustments

(pre-apportioned income) is $300,000 or more, see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Prior Year NOLs

(a)

(b)

(c)

(d)

(e)

(f)

(h)

Year of

Code – See instructions

Type of NOL –

Initial loss

Carryover

Amount used

Carryover to 2012

*

loss

See below

from 2010

in 2011

col. (e) - col. (f)

2

Current Year NOLs

col. (d) - col. (f)

3 2011

DIS

4 2011

2011

2011

2011

*

Type of NOL: General (GEN), New Business (NB), Eligible Small Business (ESB), or Disaster (DIS).

Part III 2011 NOL deduction

1 Total the amounts in Part II, line 2, column (f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

00

2 Enter the total amount from line 1 that represents disaster loss carryover deduction here and on Form 100, line 22;

Form 100W, line 22; or Form 100S, line 20. Form 109 filers enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

00

3 Subtract line 2 from line 1. Enter the result here and on Form 100, line 20; Form 100W, line 20; Form 100S, line 18;

or Form 109, line 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

00

FTB 3805Q 2011

7521113