Corporations: Net Operating Losses and Capital Loss Limitations

Corporations' net operating losses occur when tax-deductible expenses exceed taxable revenues, allowing these losses to be carried forward or back to offset taxable income in other years, within limits established by tax law. Capital loss limitations restrict the amount of losses from the sale of capital assets that can be deducted against ordinary income, typically capping the deduction with the excess carried forward to future tax years.

You are browsing lesson previews. Check out the course or create a free account for a better experience!

Lesson Videos

Corporations: Net Operating Losses and Capital Loss Limitations Overview lesson thumbnail Corporations: Net Operating Losses and Capital Loss Limitations Overview Introduction to Corporations: Net Operating Losses and Capital Loss Limitations lesson thumbnail Introduction to Corporations: Net Operating Losses and Capital Loss Limitations Charitable Contributions Deduction lesson thumbnail Charitable Contributions Deduction Dividend Received Deduction lesson thumbnail Dividend Received Deduction Net Operating Losses and Capital Losses lesson thumbnail Net Operating Losses and Capital Losses Impact of Charitable Contributions Deduction and Dividend Received Deduction on NOL lesson thumbnail Impact of Charitable Contributions Deduction and Dividend Received Deduction on NOL Corporations: Net Operating Losses and Capital Loss Limitations Summary lesson thumbnail Corporations: Net Operating Losses and Capital Loss Limitations Summary Corporations: Net Operating Losses and Capital Loss Limitations - Practice Questions lesson thumbnail Corporations: Net Operating Losses and Capital Loss Limitations - Practice Questions

"Examprep.ai helped me pass all 4 CPA exams on the first try. I highly recommend. I especially like the feedback and ratings the software provides so I know where to focus my time."

smaple image

Daniel H., CPA

"I can't recommend ExamPrep.ai enough. Nick's lessons turned concepts I struggled with into strengths. I was able to pass FAR right before other exams expired!"

smaple image

Andrew K, CPA

"I just want to say thank you for the great lesson videos. I couldn't stay awake through lectures of another course. After watching all your FAR lessons I was finally able to pass!"

smaple image

Alyssa M., CPA Candidate
Get more from this course
Sign Up for Free View the Course
C Corporations
Module: 7 Concepts, 81 Lessons
Corporations: Tax Treatment of Formation and Liquidation of Business Entities Overview
1:39
Introduction to Tax Treatment of Corporations
2:10
Issuance, Reacquisition, and Resale of Stock
5:09
Corporate Taxation
10:16
Property Acquired by Corporations
8:28
Tax Implications of Forming a C Corporation
3:42
Additional Corporate Taxes
3:16
Corporate Distributions: Tax Treatment
11:46
Stock Redemption
2:05
Corporations: Tax Treatment of Formation and Liquidation of Business Entities Summary
0:50
Corporations: Tax Treatment of Formation and Liquidation of Business Entities - Practice Questions
6:12
Corporations: Differences Between Book and Tax Income Overview
1:32
Introduction to Differences Between Book and Tax Income
3:30
Temporary Differences Between Book and Tax Income
9:17
Permanent Differences Between Book and Tax Income
3:58
Schedules Used for Reconciliation
5:39
Gross Income
7:29
Items Excluded from Tax Income
1:50
Ordinary Expenses
5:37
Book Items Not Deductible for Tax Purposes
3:18
Basics of Deferred Taxes
8:09
Corporations: Differences Between Book and Tax Income Summary
0:31
Corporations: Differences Between Book and Tax Income - Practice Questions
5:29
Corporations: Computations of Taxable Income, Tax Liability and Allowable Credits Overview
1:13
Introduction to Corporations: Computations of Taxable Income, Tax Liability, and Allowable Credits
2:31
Corporate Taxable Income
16:43
Rental Lease Income
2:56
Income Generated from an Illegal Activity
2:51
Related Party Accrual to Cash Exception
1:48
Charitable Contributions and Dividends-Received Deduction
8:15
Business Gifts
1:30
Corporate Capital Losses
2:12
Business Interest
4:28
Credits Applicable to Corporate Taxation
4:06
Accumulated Earnings Tax
6:29
Personal Holding Company Tax
5:34
Uniform Capitalization Rules
8:14
Example of Corporate Taxable Income
2:08
Corporations: Computations of Taxable Income, Tax Liability and Allowable Credits Summary
0:28
Corporations: Computations of Taxable Income, Tax Liability and Allowable Credits - Practice Questions
3:58
Corporations: Net Operating Losses and Capital Loss Limitations Overview
2:24
Introduction to Corporations: Net Operating Losses and Capital Loss Limitations
1:48
Charitable Contributions Deduction
4:38
Dividend Received Deduction
9:36
Net Operating Losses and Capital Losses
9:37
Impact of Charitable Contributions Deduction and Dividend Received Deduction on NOL
4:22
Corporations: Net Operating Losses and Capital Loss Limitations Summary
0:39
Corporations: Net Operating Losses and Capital Loss Limitations - Practice Questions
4:35
Corporations: Entity/Owner Transactions, Including Contributions, Loans and Distributions Overview
3:36
Introduction to Corporations: Entity/Owner Transactions
2:23
Shareholder's Basis in C Corporation Stock
2:20
Gain/Loss Realized and Recognized by Shareholders and Corporations
8:26
Complete Liquidation of a Corporation
4:54
Tax-Free Reorganizations
10:11
Corporate Distributions
14:13
Stock Dividend Basis with Stock Splits
2:42
Stock Surrender and Stock Redemption
5:09
Corporations: Entity/Owner Transactions, Including Contributions, Loans and Distributions Summary
0:33
Corporations: Entity/Owner Transactions, Including Contributions, Loans and Distributions - Practice Questions
4:55
Corporations: Consolidated Tax Returns Overview
1:22
Introduction to Consolidated Tax Returns
2:25
Entities Not Able to File a Consolidated Return
3:20
Requirements for Affiliated Groups
2:32
Advantages and Disadvantages to Consolidated Tax Returns
4:31
Examples of Affiliated Groups
5:11
Consolidated Taxable Income Calculation
13:17
Gain or Loss on a Consolidated Tax Return
1:21
Corporations: Consolidated Tax Returns Summary
0:35
Corporations: Consolidated Tax Returns - Practice Questions
3:45
Multijurisdictional Tax Issues Overview
2:19
Introduction to Multijurisdictional Tax Issues
4:25
Transfer Pricing
4:39
Foreign Branches and Subsidiaries
4:19
Foreign Taxes
2:56
Shareholders of Controlled Foreign Corporations
3:15
US Withholding Tax Requirements
2:49
Corporate Foreign Income Taxes
4:02
Worldwide Tax Systems
19:16
State Income Tax Issues
16:50
Multijurisdictional Tax Issues Summary
0:21
Multijurisdictional Tax Issues - Practice Questions
5:35