New net operating loss rules are discussed in a Technical Bulletin from the New Jersey Div. of Taxation. The rules are applicable for tax years ending on or after July 31, 2019. The bulletin explains various aspects of the new net operating losses and net operating loss carryovers for taxpayers filing a separate return for NJ purposes. Read the bulletin and contact us about navigating the new rules. A future bulletin will be issued to explain the net operating loss rules for taxpayers filing combined returns, the Division said. © 2019