Form 41a720nol - Instructions For Schedule Nol (Form 720) Page 2
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241A720NOL (10-16)
Page 3
Commonwealth of Kentucky
DEPARTMENT OF REVENUE
Section B – NOL Carryforward (Mandatory Nexus
Part II – Separate Entity Return
Consolidated)
NOL Carryforward
General Instructions – Part I, Section B is used by an affiliated
group filing a mandatory nexus consolidated return as
General Instructions – Part II is used by a corporation filing
provided by KRS 141.200(11) to track any available net
a separate entity return as provided by KRS 141.200(10) to
operating loss carryforward. Follow the instructions on Lines
track any available net operating loss carryforward. Follow
1 through 3.
the instructions on Lines 1 through 4.
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