Corporate Loss Utilization Simulator (2024+)
Turn Your Losses into Tax Savings
This tool helps you understand how C Corporations can use Net Operating Losses (NOLs) and Capital Losses to reduce their tax liability in other years.
Net Operating Loss (NOL) Calculator
For NOLs generated in 2021 or later, the deduction is limited to 80% of the current year's taxable income. Enter your figures to see how this rule works.
NOL Utilization Summary
Allowable NOL Deduction
$0
Final Taxable Income
$0
Remaining NOL Carryforward
$0
Key NOL Rules:
- NOLs from 2021+ can be carried forward indefinitely, but have **no carryback**.
- The Dividends-Received Deduction (DRD) is fully allowed when calculating an NOL.
- The Charitable Contribution deduction is **not** allowed when calculating an NOL.
Capital Loss Rules
Unlike individuals, C-Corps **cannot** deduct net capital losses against ordinary income. Losses can only be used to offset capital gains in other years.
Capital Loss Carryover Rules
⇦
Carry Back
3 Years
Current
Year
⇨
Carry Forward
5 Years
All carried losses are treated as **Short-Term Capital Losses** when applied in other years.
Individual vs. Corporate Loss Summary
| Loss Type | C-Corporation | Individual |
|---|---|---|
| NOL Carryback | 0 Years | 0 Years |
| NOL Carryforward | Indefinite (80% Limit) | Indefinite (80% Limit) |
| Capital Loss Deduction | $0 vs. Ordinary | $3,000 vs. Ordinary |
| Capital Loss Carryforward | 5 Years | Indefinite |
