If you had a Net
Operating Loss (NOL) in 2015, you can carry it forward to 2016. You need to
enter it in TurboTax.
To enter your
carried-forward NOL in TurboTax, follow these steps:
- Open your tax return and
click Search
on the top right on your screen
- In the search box, type NOL
- On the search result page,
click on Jump to NOL
- TurboTax will take you to a
page where you can enter your carried forward NOL (see attached
screenshot).
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