ScheduleNOL3: ScheduleNOL3 (2024)
Wisconsin · Wisconsin DOR · Used for tax years 2024
Wisconsin Schedule NOL3 records Wisconsin net operating loss (NOL) carrybacks and carryforwards. It tracks the original loss, amounts used in other years, and unused loss.
What you'll need
Schedule NOL3 is filed with Wisconsin Form 1, 1NPR, 2, or X-NOL. Have the following information ready:
- The name or names shown on that form and your Social Security number.
- The loss year and Wisconsin NOL amount.
- The loss amounts used in the years listed on the schedule.
- The carryover amounts and any unused loss.
How to file
File Schedule NOL3 with Wisconsin Form 1, 1NPR, 2, or X-NOL.
The supplied form does not give a mailing address or e-filing instructions.
Common mistakes
- Using the wrong sign. Enter amounts as positive numbers unless the form says otherwise. Each “Loss used” line requires a negative number. Use a minus sign (-) for negative amounts.
- Carrying forward the unused loss on line 23. That line specifically says no carryforward is allowed.
Questions people ask
What is Schedule NOL3 used for?
It records Wisconsin NOL carrybacks and carryforwards of losses.
Where do I enter the original loss information?
Enter the loss year on line 1 and the Wisconsin NOL amount on line 1a.
Should I enter losses used as positive or negative numbers?
Enter amounts on the “Loss used” lines as negative numbers, using a minus sign (-).
Which form do I file Schedule NOL3 with?
File it with Wisconsin Form 1, 1NPR, 2, or X-NOL.