The changes require specific tracking and a manual form. The form AR1000NOL can be kept simple for now.

1. Beginning Balance: This is your carryover into the current year. Look at last year’s AR1000NOL or your NOL worksheet from the prior year.
2. New Loss: Only enter an amount here if the current tax year (2025) resulted in a loss.
3. Deduction Claimed: This is the amount of the loss you are actually using to offset income this year. This number must flow to Form AR-OI, Line 14 (Subtractions).
4. Carry Forward: (Beginning Balance + New Loss) - Deduction Claimed.

Caution:  In the "Type" or "Form/Schedule" column, select "Other" and manually type "AR1000NOL" in the description when attaching.