This version of the form is not currently in use and is provided for reference only. Download this version of Form 500NOLD for the current year.
This is a legal form that was released by the Virginia Department of Taxation - a government authority operating within Virginia. Check the official instructions before completing and submitting the form.
Q: What is Form 500NOLD?
A: Form 500NOLD is an application for refund carryback of net operating loss in Virginia.
Q: What is the purpose of Form 500NOLD?
A: The purpose of Form 500NOLD is to apply for a refund by carrying back a net operating loss in the state of Virginia.
Q: Who can use Form 500NOLD?
A: Individuals and businesses in Virginia who have a net operating loss and want to carry it back to a previous tax year can use Form 500NOLD.
Q: What is a net operating loss?
A: A net operating loss occurs when allowable deductions exceed taxable income, resulting in a negative taxable income.
Q: How do I file Form 500NOLD?
A: Form 500NOLD can be filed electronically or by mail with the Virginia Department of Taxation.
Q: What documents do I need to include with Form 500NOLD?
A: You may need to include copies of federal tax returns, schedules, statements, or other supporting documents.
Q: When is Form 500NOLD due?
A: Form 500NOLD is due by the due date of the original return or the extended due date, whichever is later.
Q: Are there any fees associated with filing Form 500NOLD?
A: No, there are no fees associated with filing Form 500NOLD.
Form Details:
Download a fillable version of Form 500NOLD by clicking the link below or browse more documents and templates provided by the Virginia Department of Taxation.