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Form 1045 (2006)

Page

Schedule B—NOL Carryover ( Continued)

Complete one column before going to the

next column. Start with the earliest

2nd

preceding

carryback year.

tax year ended

12-31-04

tax year ended

Modified adjusted gross income

30,000

from line 13 on page 3

Enter as a positive number any NOL

carryback from a year before 2006

that was deducted to figure line 11

-0-

on page 3

30,000

Add lines 19 and 20

Charitable contributions from Sch. A (Form

1040), line 18, or Sch. A (Form 1040NR),

1,450

line 7 (or as previously adjusted)

Refigured charitable contributions

1,450

(see page 7 of the instructions)

-0-

Subtract line 23 from line 22

Casualty and theft losses from Form

4684, line 18 (line 20 for 2005) (or as

previously adjusted)

Casualty and theft losses from Form

4684, line 16 (line 18 for 2005) (or as

previously adjusted)

Multiply line 19 by 10% (.10)

Subtract line 27 from line 26. If zero

or less, enter -0-

Subtract line 28 from line 25

Miscellaneous itemized deductions

from Sch. A (Form 1040), line 26, or

Sch. A (Form 1040NR), line 15 (or as

previously adjusted)

Miscellaneous itemized deductions

from Sch. A (Form 1040), line 23, or

Sch. A (Form 1040NR), line 12 (or as

previously adjusted)

Multiply line 19 by 2% (.02)

Subtract line 32 from line 31. If zero

or less, enter -0-

Subtract line 33 from line 30

Complete the worksheet on page 8 of

the instructions if line 19 is more than

the applicable amount shown below

(more than one-half that amount if

married filing separately for that year).

● $117,950 for 1996.

● $121,200 for 1997.

● $124,500 for 1998.

● $126,600 for 1999.

● $128,950 for 2000.

● $132,950 for 2001.

● $137,300 for 2002.

● $139,500 for 2003.

● $142,700 for 2004.

● $145,950 for 2005.

Otherwise, combine lines 18, 24, 29,

and 34; enter the result here and on

line 7 (page 3)

1045

Form

(2006)

Page 14

Publication 536 (2006)

Publication 536 - Net Operating Losses (Nols) For Individuals, Estates, And Trusts - Internal Revenue Service - 2006 Page 14

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