ScheduleNOL3: ScheduleNOL3 (2025)
Wisconsin · Wisconsin DOR · Used for tax years 2025
Wisconsin Schedule NOL3 records Wisconsin net operating loss (NOL) carrybacks and carryforwards. It tracks the loss year, original loss, amounts used in other years, carryovers, and any unused loss.
What you'll need
Schedule NOL3 is filed with Wisconsin Form 1, 1NPR, 2, or X-NOL. To complete the schedule, have these details ready:
- The name(s) shown on that form and your Social Security number.
- The loss year and Wisconsin NOL amount.
- The loss used and carryover amounts for the years listed on the schedule.
How to file
File Schedule NOL3 with Wisconsin Form 1, 1NPR, 2, or X-NOL. The supplied form does not provide a mailing address or e-filing directions.
Common mistakes
- Do not enter every amount as negative. The form says to enter amounts as positive numbers unless otherwise indicated.
- Enter each “Loss used” amount as a negative number, using a minus sign (-).
- Do not carry forward the unused loss reported on line 23. That line states “No carryforward allowed.”
Questions people ask
What does Schedule NOL3 record?
It records Wisconsin NOL carrybacks and carryforwards, including the loss year, Wisconsin NOL, carryover amounts, and losses used.
Which Wisconsin form do I file it with?
File it with Wisconsin Form 1, 1NPR, 2, or X-NOL.
How should I enter losses used?
Enter amounts on the “Loss used” lines as negative numbers with a minus sign (-). Other amounts should be positive unless the form says otherwise.
Can I carry forward the unused loss on line 23?
No. Line 23 labels that amount as “Unused loss” and states that no carryforward is allowed.