Act 410 (SB 54) of the 2022 Regular Session amended Louisiana law[1] and granted an automatic extension to individuals, partnerships, and fiduciaries (estates and trusts) to file state income tax returns for taxable periods beginning on or after January 1, 2022. The extension is automatically granted for six months from the May 15 deadline


Effective July 1, 2015, the net operating loss carryback (NOL) will be eliminated and the carryover will be limited to 72% of the carryover. La. Acts 2015, No. ___( HB No. 624 (Rep. Jackson) amending La. R.S. 47:287.86) and La. Acts 2015, No. ____(HB No. 218 (Rep. Broadwater) amending La. R.S. 47:287.86).

Under the bills,