Statutes, codes, and regulations
Indiana Administrative Code
Title 45 - DEPARTMENT OF STATE REVENUEArticle 3.1 - ADJUSTED GROSS INCOME TAX
Rule 45 IAC 3.1-1 - State Adjusted Gross Income Tax
Section 45 IAC 3.1-1-17 - Net operating losses and capital losses for fiduciaries and beneficiaries

45 Ind. Admin. Code 3.1-1-17

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Current through December 12, 2024
Section 45 IAC 3.1-1-17 - Net operating losses and capital losses for fiduciaries and beneficiaries

Authority: IC 6-8.1-3-3

Affected: IC 6-3-1-3.5

Sec. 17.

Net Operating Losses and Capital Losses for Fiduciaries. For Adjusted Gross Income Tax purposes, fiduciaries and beneficiaries may use the same carryback and carryforward provisions for net operating losses and capital losses as provided in the Internal Revenue Code subject to the applicable modifications of the Indiana Adjusted Gross Income Tax Act.

45 IAC 3.1-1-17

Department of State Revenue; Reg 16-3-1-3.5 c (080); filed Oct 15, 1979, 11:15 am: 2 IR 1520; errata, 2 IR 1743