Form Mo-5090 - Net Operating Loss Addition Modification Worksheet
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Attachment Sequence No. 1120-08
FORM
MISSOURI DEPARTMENT OF REVENUE
MO-5090
NET OPERATING LOSS ADDITION
(12-2012)
MODIFICATION WORKSHEET
CORPORATION NAME
MO TAX I.D. NUMBER
CHARTER NUMBER
FEDERAL I.D. NUMBER
Complete this worksheet to compute the net operating loss (NOL) addition modification, pursuant to Section 143.431.4, RSMo. See back for
instructions. Use this form if the corporation reported a net operating loss deduction on Federal Form 1120, Line 29a or on Federal Form 1139 or Federal
Form 1120X for carryback years and in the year of the initial loss, used the loss to offset Missouri net positive additions. If both do not apply, there is no
net operating loss modification to compute. If both apply, then complete the net operating loss modification worksheet. If the NOL deduction is the sum of
multiple years, you must complete a Form MO-5090 for each loss year.
YEAR OF LOSS
YEAR OF MODIFICATION
Column 1
Column 2
Column 3
Column 4
1. Net operating loss deduction used in the current year.
(Enter as a positive amount.)
2a. State tax addback
2b. State and local bond interest (except Missouri)
2c. Fiduciary and partnership adjustment
2d. Missouri depreciation basis adjustment
(Section 143.121.2(3), RSMo)
2e. Donations claimed for the Food Pantry Tax Credit
3. All required additions to federal taxable
income, except for the net operating loss
modification: add Lines 2a, 2b, 2c, 2d, and 2e
4a. Interest on U.S. Government obligations
4b. Federally taxable — Missouri exempt obligations
4c. Reduction in gain due to basis difference (See 12 CSR
10-2.020 and Section 143.121.3(2), RSMo)
4d. Previously taxed income
4e. Amount of any state income tax refund included in
federal taxable income
4f. Capital gain exclusion from the sale of low income
housing project
4g. Fiduciary and partnership adjustment
4h. Missouri depreciation basis adjustment
(Section 143.121.3(7), RSMo)
4i. Net operating loss carryback previously disallowed
for Missouri (Section 143.121.2(4), RSMo)
4j. Depreciation recovery on qualified property that is
sold (Section 143.121.3(9), RSMo)
4k. Build America and Recovery Zone Bond Interest
(Section 108.1020, RSMo)
4l. Missouri Public-Private Partnerships Transportation
Act (Section 227.646, RSMo)
5. All required subtractions from federal taxable
income: add Lines 4a through 4l
6. Net addition modification (but not less than
zero): Line 3 less Line 5
7. Total net operating loss from the Loss Year
___________
(Enter as a positive amount.)
8. Net operating loss deductions utilized in all prior years.
(Enter as a positive amount.)
9. Cumulative sum: Line 1 plus Line 8
10. Sum: Line 6 plus Line 9
11. Amount: Line 10 less Line 7 (but not less than zero)
12. Net operating loss modification: lesser of Line 1 or Line
11. Enter the amount here and on Form MO-1120,
Part 1, Line 3.
MO-5090 (12-2012)
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