Georgia Form 600 - Corporation Tax Return - 2007/2008 (Page 4 of 4) in pdf

Georgia Form 600 - Corporation Tax Return - 2007/2008 Page 4

600/2007

Georgia Form

(Corporation) Name_______________________________________FEIN____________________

GA NOL Carry Forward 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

1. NOL Carry Forward Available to Current Year (Enter on Schedule 1, Line 6 or Schedule 7, Line 8)

2. Current Year Income / (Loss)

3. NOL Carry Forward 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 Carry Forward Available to

Current Year”. Then insert “Current Year Income / (Loss)” in the space provided and compute the “NOL Carry Forward Available

to Next Year” in the last space. Form IT-552 must be used for carry back loss.

Create photocopies as needed. See example worksheet on page 9.

Georgia Form 600 - Corporation Tax Return - 2007/2008 Page 4