Schedule Nrl - Net Receipts Loss

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NRL
Schedule NRL — Net Receipts Loss
Use this schedule to calculate a possible tax credit if you incurred a loss on the total net receipts for bingo, raffle and
paddlewheel activity. When the loss is offset by positive net receipts in subsequent periods, the tax credit can be calculated and
used.
Read the instructions on back before you complete this schedule.
Organization name
Federal ID number (FEIN)
Minnesota tax ID number
License number
A
B
C
D
E
Net Receipts Loss
Period
Net Receipts Loss
Cumulative Loss
Loss Used
Loss Remaining
Tax Credit
mm/yyyy
Form G1, line 4c
A + D from prior month
Form G1, line 4c
B + C
C x .085
Enter the tax credit for the reporting period (Column E) as a positive number on Form G1, line 14.
Attach this schedule to the G1 in the order prescribed in the instructions.
(Rev. 12/12)

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