Nol Carry Forward Rules 2025 Changes. Recent nol rule changes under the tax cuts and jobs act (tcja), nols arising in tax years beginning after december 31, 2017, could only offset 80 percent of taxable income in future years. Under the suspension law, allowable carryforward periods for these nols are extended by the following:
For tax years beginning on or after jan. Net operating loss (nol) provisions are critical considerations for startups and smes planning their global expansion.