Form 600 - Corporation Tax Return - Georgia Department Of Revenue

Form 600 - Corporation Tax Return - Georgia Department Of Revenue - 2003 Page 4

2003 Page 4

Name (Corporation)___________________________________________________

FEIN____________________________

GA NOL Carryover Worksheet

(ROUND TO NEAREST DOLLAR)

SCHEDULE 11

For calendar year or fiscal year beginning

and ending

Col. 1

Col. 2

Col. 3

Col. 4

Col. 5

Col. 6

Loss Year

Loss Amount

Income Year

NOL Utilized

Balance

Remaining NOL

NOL Carryover Available to Current Year

Current Year Income / (Loss)

NOL Carryover Available to Next Year

INSTRUCTIONS

Column 1: List the loss year(s).

Column 2: List the loss amount for the tax year listed in Column 1.

Columns 3 & 4: List the years in which the losses were utilized and the amount utilized each year.

Column 5: List the balance of the NOL after each year has been applied.

Column 6: List the remaining NOL applicable to each loss year.

Total the remaining NOL (Col. 6) and enter in the space at the bottom of the worksheet for “NOL Carryover Available

to Current Year”. Then insert “Current Year Income / (Loss)” in the space provided and compute the “NOL Carryover

Available to Next Year” in the last space. Create photocopies as needed. See example worksheet on page 9.

Form 600 - Corporation Tax Return - Georgia Department Of Revenue - 2003 Page 4