Section 8 Question 60 of 75. When should the alternative minimum tax net operating loss (NOL) be computed? O Whenever the taxpayer's AG is greater than $150,000 Any time there is an NOL and the taxpayer's AGI is greater than $150,000 Any time a casualty or theft loss has occurred which can be cared forward three or more years. Any time a taxpayer has any minimum tax adjustments or preference items in the loss year or in any year to which the loss is camed. Mark for follow up Question 61 of 75