Nol Carryover Rules 2025 Changes. In this article, we’ll cover the nol formula, deduction calculation, and how recent changes to carryback and carryforward rules may impact your corporate tax planning strategy. For nols, the carryover and carryback rules change and a new limitation on nol utilization is added.

If your losses exceed your income from all sources for the year, you have a “net operating loss” (nol). How to figure an nol carryover.