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What is an Form 8960 NOL, how is it calculated and how is it used?

fred-c-lynch
Level 1
 
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George4Tacks
Level 15

When all else fails, look to the instructions https://www.irs.gov/pub/irs-pdf/i8960.pdf See page 11


Here's wishing you many Happy Returns

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George4Tacks
Level 15

When all else fails, look to the instructions https://www.irs.gov/pub/irs-pdf/i8960.pdf See page 11


Here's wishing you many Happy Returns
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fred-c-lynch
Level 1
Page 11 talks a lot about 1411 but not 8960 NOL. are you saying a 1411 NOL is an 8960 NOL?
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