OMB control number
Form 461 - Limitation on Business Losses
OMB 1545-2283 ยท TREAS/IRS.
OMB 1545-2283
Form 461 and its separate instructions calculates the limitation on business losses, and the excess business losses that will be treated as net operating loss (NOL) carried forward to subsequent taxable years. In the case of a partnership or S corporation, the provision applies at the partner or shareholder level. This form will used by noncorporate taxpayers and will attached to a tax return (F1040, 1040NR, 1041, 1041-QFT, 1041-N, or 990-T).
The latest form for Form 461 - Limitation on Business Losses expires 2021-12-31 and is listed under ICR 201809-1545-004.
Latest Forms, Documents, and Supporting Material
| Document | Type |
|---|---|
 Form 461 Form 461 - Limitation on Business Losses | Form |
 SUP STAT 1545-2283 (Form 461)-2021.docx | Supporting Statement A |
 Form 461 - Limitation on Business Losses |
Form |
All Historical Document Collections
| Reference | Filing | Received | Concluded | Action |
|---|---|---|---|---|
| 202108-1545-010 | Extension without change of a currently approved collection | 2021-12-28 | Approved without change | |
| 201809-1545-004 | New collection (Request for a new OMB Control Number) | 2018-12-12 | Approved with change |