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This version of the form is not currently in use and is provided for reference only. Download this version of
Form DP-132
for the current year.
Form DP-132 Net Operating Loss (Nol) Deduction - New Hampshire
What Is Form DP-132?
This is a legal form that was released by the New Hampshire Department of Revenue Administration - a government authority operating within New Hampshire. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form DP-132?A: Form DP-132 is a tax form for claiming the Net Operating Loss (NOL) deduction in New Hampshire.
Q: What is the Net Operating Loss (NOL) deduction?A: The Net Operating Loss (NOL) deduction allows businesses in New Hampshire to offset losses from one year against profits from other years.
Q: What is the purpose of the NOL deduction?A: The purpose of the NOL deduction is to provide tax relief to businesses that experience financial losses.
Q: Who is eligible to claim the NOL deduction?A: Businesses in New Hampshire that have experienced financial losses can claim the NOL deduction.
Q: How do I file Form DP-132?A: You can file Form DP-132 by including it with your New Hampshire state tax return.
Q: What information do I need to complete Form DP-132?A: You will need to provide details of your business income and deductible expenses to complete Form DP-132.
Q: Are there any limitations on the NOL deduction?A: Yes, there are limitations on the NOL deduction, including a carryforward period and a restriction on the amount of the deduction.
Form Details:
- Released on October 1, 2019;
- The latest edition provided by the New Hampshire Department of Revenue Administration;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form DP-132 by clicking the link below or browse more documents and templates provided by the New Hampshire Department of Revenue Administration.
Download Form DP-132 Net Operating Loss (Nol) Deduction - New Hampshire
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