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Form

Supplement to Form 511NR

O O O O O

N N N N N

O O O O O

L L L L L

KLAHOMA

PERATING

OSS

511-NR-NOL

N N N N N

Y Y Y Y Y

R R R R R

O O O O O

ONRESIDENT

ART-

EAR

ESIDENT

NLY

ONRESIDENT

ART-

EAR

ESIDENT

NLY

N.O.L. S

CHEDULE

C C C C C

N N N N N

O O O O O

L L L L L

C C C C C

“F F F F F

A A A A A

C C C C C

”

OMPUTATION OF

ET ET

PERATING

OSS

ARRYOVER/BACK -

EDERAL

MOUNT

OLUMN

OMPUTATION OF

PERATING

OSS

ARRYOVER/BACK -

EDERAL

MOUNT

OLUMN

I I I I I

Y Y Y Y Y

19 _____

EAR

NTERVENING

_____

NOL Y

_____

EAR

The “Federal Amount Column” NOL absorbed in each intervening year on form 511NR will be the amount of the modified taxable

A separate NOL Schedule B must be used for each year.

income. The modified taxable income will be calculated using this worksheet. A separate NOL Schedule B must be used for each year.

A separate NOL Schedule B must be used for each year.

I. I. I. I. I.

Net Operating Loss Deduction.

Net Operating Loss Deduction. Enter here

as a positive number the net operating loss from

NOL Schedule A, line 25. In succeeding years enter

amounts from line III below.

.................................................

I. I. I. I. I.

To compute modified taxable income:

A. A. A. A. A.

To compute Oklahoma Adjusted Gross Income

For the Intervening Year

Federal Adjusted Gross Income

A1.

(form 511NR, line 18a).

........................................

Oklahoma Additions. (Including any Federal

NOL carryover included in line A1 above.)

A2.

(Enter as positive number)

..................................

Oklahoma Subtractions. (Not including the

NOL for the NOL year entered above or

(

)

A3.

later years)

..............................................................

Adjusted Gross Income before the NOL

deduction for the NOL year entered above.

(Combine lines A1 through A3)

..........................

A4.

B. B. B. B. B.

Modifications:

Modifications: (For intervening year)

Modifications:

Net capital loss deduction from Sch. D line 19

B1.

(Note: Enter as a positive number.)

...................

Adjustments to Adjusted Gross Income

from the Federal NOL carryover worksheet.

....

B2.

C. C. C. C. C.

Modified Oklahoma Adjusted Gross Income.

(line A4 plus lines B1 and B2.)

.....................................

D. D. D. D. D.

Less Allowable Modified Itemized Deductions.

Itemized deductions reported on the original

return plus the adjustments to itemized

deductions from the Federal NOL carryover

D1.

worksheet.

..............................................................

Oklahoma standard deduction computed on

D2.

line C above, if line D1 is not applicable.

..........

(

)

D3.

Allowable deductions. (line D1 or D2)

..............

E. E. E. E. E.

Adjustments to Oklahoma Adjusted Gross Income.

(Example: Military pay exclusion, Interest exclusion, etc.)

(

)

II. II. II. II. II.

Modified taxable income.

Modified taxable income. (lines C combined

II. II. II. II. II.

.........................

with D3 and E.) If zero or less, enter zero.

III. III.

III.

Okla. Net Operating Loss carryover to the Federal

Amount Column.

Amount Column. (line I minus line II.) If zero or less, enter zero.

Amount Column.

III.

A copy of your Federal return is required.

Form 511-Nr-Nol - N.o.l. Schedule A - Oklahoma Net Operating Loss Nonresident/part-Year Resident Page 2

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