Form Ftb 3805v - Net Operating Loss (Nol) Computation And Nol And Disaster Loss Limitations - Individuals, Estates, And Trusts - 2012

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CALIFORNIA FORM
TAXABLE YEAR
Net Operating Loss (NOL) Computation and NOL and
3805V
2012
Disaster Loss Limitations — Individuals, Estates, and Trusts
Attach to your California tax return.
SSN or ITIN
Names as shown on return
-
-
FEIN
-
Part I Computation of Current Year NOL for Individuals, Estates, and Trusts. If you do not have a current year NOL, go to Part II.
Section A — California Residents Only (Nonresidents go to Section B.)
1
Adjusted gross income from 2012 Form 540, line 17. If negative, use brackets. Estates and Trusts, begin on line 3 . . . . . . . . . . .
1
00
2
Itemized deductions or standard deduction from 2012 Form 540, line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 (
00)
3
a Combine line 1 and line 2. (Estates and Trusts, enter taxable income, see instructions.) If negative, use brackets.
If positive, enter -0- here and on line 27. Do not complete the rest of Section A. You do not have a current year NOL.
Complete Part II and Part III if you have a carryover from prior years.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3a
00
b 2012 designated disaster loss included in line 3a. Enter as a positive number. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3b
00
c Combine line 3a and line 3b. If negative, use brackets and continue to line 4. If zero or more, do not complete the
rest of Part I. Enter the amount from line 3b, if any, in Part III, line 3, column (d) and complete
Part II and Part III as instructed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3c
00
Enter amounts on line 4 through line 26 as if they were all positive numbers. See instructions.
4
Nonbusiness capital losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
00
5
Nonbusiness capital gains. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . 5
00
6
If line 4 is more than line 5, enter the difference; otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . 6
00
7
If line 4 is less than line 5, enter the difference; otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
00
8
Nonbusiness deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
00
9
Nonbusiness income other than capital gains . . . . . . . . . . . . . . . . . . . . . . . . . 9
00
10
Add line 7 and line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
00
11
If line 8 is more than line 10, enter the difference; otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
00
12
If line 8 is less than line 10, enter the difference; otherwise, enter -0- . . . . . . . 12
00
13
Business capital losses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
00
14
Business capital gains . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
00
15
Add line 12 and line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
00
16
If line 13 is more than line 15, enter the difference; otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . 16
00
17
Add line 6 and line 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
00
18
Enter the loss, if any, from line 8 of Schedule D (540). Estates and Trusts, enter the loss,
if any, from line 9, column (c), of Schedule D (541). If you do not have a loss on that line (and do not
have an R&TC Section 18152.5 exclusion), skip line 18 through line 23 and enter on line 24 the
amount from line 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
00
19
R&TC Section 18152.5 exclusion. Enter as a positive number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19
00
20
Subtract line 19 from line 18. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
00
21
Enter the loss, if any, from line 9 of Schedule D (540). Estates and Trusts, enter the loss,
if any, from line 10 of Schedule D (541). Enter as a positive number . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
00
22
If line 20 is more than line 21, enter the difference; otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . 22
00
23
If line 21 is more than line 20, enter the difference; otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23
00
24
Subtract line 22 from line 17. If zero or less, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24
00
25
NOL and disaster loss carryovers from prior years. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
25
00
26
Add lines 11, 19, 23, 24, and 25. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26
00
27
2012 NOL carryover. Combine line 3c and line 26. If more than zero, enter -0-. You do not have a current year NOL
to carryover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
27
00
7531123
FTB 3805V 2012 (REV 02-14) Side 1

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