Does Turbo Tax Home & Business compute NOL carryovers on NOL worksheet, where do I find it?

[jfoster12]

The carryover worksheet does not show a carryover even though I have a minus AGI and taxable income from rental losses with material participation.

[MichaelMc]

Yes. TurboTax Home & Business does compute and carry forward your Net Operating Losses.

The majority of carry forwards are on the Federal Carryover Worksheet, which can be located in Forms Mode.

AGI would not carryover, as is simply the sum of the various income lines and the above-the-line Adjustments to Income. It has no tax characteristics of its own that would warrant a carry over.

Rental real estate carryovers are calculated and retained with the respective Schedule E Worksheets for each property.