New Hampshire Net Operating Loss Worksheet

Net Operating Loss Worksheet
DP-131-A
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New Hampshire
Department of
Revenue Administration

2023

DP-131-A

*DP131A2311862*
DP131A2311862

WORKSHEET FOR APPORTIONMENT OF NET OPERATING LOSS (NOL)
(SEE RSA 77-A:4, XIII)
Business Organization Name

Taxpayer Identification Number

MMDDYYYY

MMDDYYYY

For the CALENDAR year 2023 or
other taxable period beginning:

1 The amount of the current period NOL (See entity type line references below)

Proprietorship:
Fiduciary:
Partnership:
Corporation:
Combined:

July 1, 2005 - Tax Year 2010
Line 6 of NH-1040
Line 6 of NH-1041
Line 5 of NH-1065
Line 1(c) of NH-1120
Line 1(c) of NH-1120-WE

Tax Year 2011
Line 3 adjusted by Line 4 of NH-1040
Line 3 adjusted by Line 4 of NH-1041
Line 3 adjusted by Line 4 of NH-1065
Line 3 adjusted by Line 4 of NH-1120
Line 1(c) of NH-1120-WE

and ending:

1
Tax Year 2012 - Present
Line 5 of NH-1040
Line 5 of NH-1041
Line 5 of NH-1065
Line 5 of NH-1120
Line 11(c) of NH-1120-WE

2 Current period apportionment percentage from Form DP-80, expressed to six decimal places

2

3 Apportionment limitations (Line 1 multiplied by Line 2)

3

4 Statutory limitations (See instructions above)

4

5 New Hampshire NOL available for carryforward (the lesser amount of Line 3 or Line 4)

5

WORKSHEET FOR APPORTIONMENT OF NET OPERATING LOSS (NOL) - INSTRUCTIONS
LINE 1

Enter this tax period's NOL as defined in the United States Income Tax Regulations relative to IRC § 172 in effect pursuant to RSA 77-A:4, XIII. If a gain or zero, DO NOT
use this worksheet. (Business organizations not qualifying for treatment as a Subchapter "C" Corporation under the IRC should calculate their NOL as if the business
organization were a Subchapter "C" Corporation). Use the line references that correspond with the tax year for which this form is being used.

LINE 2
Enter the current tax period's New Hampshire apportionment percentage from Form DP-80, Line 1(c), expressed to six decimal places.

LINE 3
Enter the amount of Line 1 multiplied by Line 2.

LINE 4
For taxable periods ending from July 1, 2005 to December 31, 2012, $1,000,000 is the maximum amount that may be carried forward each year.
For taxable periods ending on or after January 1, 2013 forward, $10,000,000 is the maximum amount that may be carried forward each year.

LINE 5
Enter the lesser of Line 3 or Line 4. This is your New Hampshire NOL available from the current tax period for carryforward. Enter this amount on Form DP-132 or
DP-132-WE, Column B .
COMBINED FILERS: Rev 303.03(d) states, with regard to NOLs for combined filers, that each business organization subject to RSA 77-A shall treat its apportioned share of
the combined loss amount as a tax attribute that remains with that business organization. The individual member's net operating loss, pursuant to RSA 77-A:4, XIII
applied to the individual member's allocated portion of the BPT liability, should be tracked in the event of an individual member's disposition or acquisition.

DP-131-A 2023
Version 1 08/2023