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I had a business loss in 2017. How do I carry that over to 2018 to reduce my taxes?

 
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DawnC0
Intuit Alumni

I had a business loss in 2017. How do I carry that over to 2018 to reduce my taxes?

Type  nol  in the search bar, hit enter, and use the Jump to nol link to get to that section, see image below.  Click on the Learn More links; TurboTax does not support the NOL calculation or Form 1045, but you can enter your previously calculated losses in accordance with the instructions for Form 1045.  

 2018 Publication 536

IRS Form 1045  

Instructions for IRS Form 1045

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