DP-132-WE: Combined Group Net Operating Loss Deduction Worksheet (2025)
New Hampshire · New Hampshire DRA · Used for tax years 2025
Form DP-132-WE is New Hampshire’s net operating loss (NOL) deduction worksheet for combined groups. It tracks a nexus member’s available NOL carryforwards, amounts used in prior periods, the current-period deduction, and amounts to carry forward to future periods for reporting on
Who files this form
Form DP-132-WE is the 2025 net operating loss (NOL) deduction worksheet for combined groups. It records a nexus member’s NOL amounts available, previously used, deducted in the current taxable period, and carried forward.
Use additional Forms DP-132-WE if you have NOL deductions for more than one nexus member.
What you'll need
Have the following information ready to complete the worksheet:
- Principal New Hampshire business organization name and taxpayer identification number.
- Nexus member name and Federal Employer ID Number, Social Security Number, or Department ID Number.
- Taxable period beginning and ending dates if not using calendar year 2025.
- Ending date of each tax year in which an NOL occurred.
- NOL amounts available for carryforward, used in prior taxable periods, being deducted this period, and carried forward to future periods.
Column B refers to instructions for limitations from DP-131-A.
Common mistakes
- Do not leave the columns out of balance. Column B minus Column C should equal Column D plus Column E.
- Do not use just one worksheet for NOL deductions belonging to multiple nexus members. The form says to use additional Forms DP-132-WE.
Questions people ask
How do I calculate the totals on line 11?
Add lines 1 through 10 separately for Columns B, C, D, and E.
How do I calculate the NOL available to report on the Combined Business Profits Tax return?
Subtract line 11, Column C from line 11, Column B.
Which amounts go on the Combined Business Profits Tax return?
Line 11, Column D is the NOL deduction for the current taxable period. Line 11, Column E is the NOL carryforward.
What if I have more than one Form DP-132-WE?
Add all line 11, Column D amounts to calculate the total NOL deduction. Separately, add all line 11, Column E amounts to calculate the total NOL carryforward.