New Hampshire Net Operating Loss (NOL) Deduction Worksheet


Extracted from PDF file 2024-new-hampshire-form-dp-132.pdf, last modified August 2023Net Operating Loss (NOL) Deduction Worksheet
Print Form New Hampshire Department of Revenue Administration 2024 DP-132 Reset Form *0DP1322411862* 0DP1322411862 NET OPERATING LOSS (NOL) DEDUCTION Business Organization Name Taxpayer Identification Number COLUMN A Ending date of taxable period in which NOL occurred. MMDDYYYY For the CALENDAR year 2024 or other taxable period beginning: COLUMN B New Hampshire NOL available for carry forward from DP-131-A. COLUMN C Amount of NOL carry forward which has been used in taxable periods prior to this taxable period. MMDDYYYY and ending: COLUMN D Amount of NOL to be used as a deduction in this taxable period. (see instructions) COLUMN E Amount of NOL to carry forward to future taxable period. 1 2 3 4 5 6 7 8 9 10 11 Line 11 - Total Columns B, C, D, & E (Sum Lines 1 - 10 in each respective column). Subtract Line 11, Column C from Line 11, Column B to obtain the NOL available to be reported on the applicable Business Profits Tax return. The amount of NOL carryforward deducted this taxable period is Column D, Line 11(see instructions). Line 11, Column D and Column E respectively are the amounts to be reported on the applicable Business Profits Tax return for NOL to be used in the period and NOL carryforward. NOTE: Column B less Column C should equal the sum of Column D plus Column E. DP-132 2024 Version 1 05/2024 Page 1 of 1
2024 DP-132 Form
More about the New Hampshire Form DP-132 Corporate Income Tax TY 2024
We last updated the Net Operating Loss (NOL) Deduction Worksheet in March 2025, so this is the latest version of Form DP-132, fully updated for tax year 2024. You can download or print current or past-year PDFs of Form DP-132 directly from TaxFormFinder. You can print other New Hampshire tax forms here.
eFile your New Hampshire tax return now
eFiling is easier, faster, and safer than filling out paper tax forms. File your New Hampshire and Federal tax returns online with TurboTax in minutes. FREE for simple returns, with discounts available for TaxFormFinder users!
File Now with TurboTaxRelated New Hampshire Corporate Income Tax Forms:
TaxFormFinder has an additional 51 New Hampshire income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the New Hampshire Form DP-132.
Form Code | Form Name |
---|---|
Form DP-132-WE | Combined Group Net Operating Loss (NOL) Deduction |
View all 52 New Hampshire Income Tax Forms
Form Sources:
New Hampshire usually releases forms for the current tax year between January and April. We last updated New Hampshire Form DP-132 from the Department of Revenue Administration in March 2025.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of New Hampshire Form DP-132
We have a total of twelve past-year versions of Form DP-132 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

dp-132-2018.pdf

dp-132-2017.pdf

dp-132-2015v1-1.pdf
TaxFormFinder Disclaimer:
While we do our best to keep our list of New Hampshire Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.