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Returning Member
posted Sep 25, 2019 1:10:38 PM

Do I need to fill up any form to carry forward an NOL into the year 2019?

I have a NOL that's been carried forward since 2016 when the compnay was dissolved.

Now that the company is dissolved that NOL is part of my individual taxes in 2017

When I file in turbotax this NOL gets deducted from my income.

But I don't see it as a carry forward to 2019 in any of the worksheet.

  1. Do I need to send a form to the IRS? If so, which one?
  2. How does the IRS track the NOL remainder?

Thank you

0 2 747
2 Replies
Level 15
Sep 26, 2019 8:26:00 AM

Did the NOL get carried to the 2018 return ? If so was it used up ? Did you calculate the NOL carryover on the 2017 return ?

Returning Member
Sep 26, 2019 1:40:34 PM

Yes I carried the NOL to 2018 return.

No there is a lot remaining.

The NOL carryforward was calculated in the 2017 return by the CPA.