Form Rpd-41369 - New Mexico Net Operating Loss Carryforward Schedule For Personal Income Tax - 2013
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4State of New Mexico - Taxation and Revenue Department
RPD-41369 2013
2013 New Mexico Net Operating Loss Carryforward Schedule
Rev. 10/15/2013
for Personal Income Tax
Taxpayer’s name
SSN
Purpose of this form.
Use this form to compute your excludable New Mexico net operating loss (NM NOL) carryforward deduction from the current year New
Mexico personal income tax. For each prior-year NM NOL carryforward, also show how the credit was used in Columns 4 through 6. In
Column 7, show the balance of NM NOL carryforward available for next tax year. This schedule must be filed with the New Mexico Form
2013 PIT-1, Personal Income Tax Return, if reporting a NM NOL deduction from a carryforward on Schedule PIT-ADJ, line 7.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
Tax Year
Net operating
2013 NM
2013
If the NM NOL reported in Column 2 was used in previous years,
NM NOL
NM NOL
loss incurred
net income before
Loss used
enter the amount in the column corresponding to the
Expired
Carryforward
(in the year in
NM NOL
year in which the NM NOL was used.
(The sum of Column
available for
Column 1)
(from Worksheet 2,
4 cannot be greater
next year
line 7)
than Column 3 for
2012
2011
2010
2009
2008
2007
2006
tax year 2013.)
2013
Line 1 must equal line 9 from Worksheet 2.
Line 1. Loss used during 2013 tax year.
Enter the sum of Column 4.
Also enter this amount on Schedule PIT-ADJ, line 7.
Complete the above Carryforward Schedule using the instructions and Worksheets 1 and 2 in these instructions. Do not submit Work-
sheets 1 and 2 to the Department. Worksheet 1 provides guidance for computing the NM NOL incurred in prior years. Use Worksheet 2
to compute the 2013 NM net income before NM NOL in Column 3.
Line 1 of the schedule above (the sum of Column 4), is the sum of the NM NOL carryforward loss used in the 2013 tax year. The amount
in line 1 of the worksheet is entered on 2013 Schedule PIT-ADJ, line 7. For each row showing a prior-year NM NOL incurred, complete
the row showing when the NM NOL was incurred, how it has been used, and the NM NOL carryforward balance available next year.
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