Table 1. Worksheet for NOL. Carryover From 2011 to 2012 (For an NOL Year Before 2011)

Summary: This is an example of the worksheet used to figure the net operating loss carryover from 2011 to 2012. A Note on the bottom of the form states: If you choose to waive the carryback period, and instead you choose to only carry your 2011 NOL. forward, use Schedule A, Form 1045 to compute your 2011 NOL. that will be carried over to 2012. Report your 2011 NOL. from line 25, Schedule A, Form 1045, on the other income line of your 2012 Form 1040 or Form 1040NR, or the line on Form 1041 for deductions NOT subject to the 2% floor in 2012. The line items to be completed are:

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