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toyang10
New Member

Im trying to wrap up my return but I still have to deduct my NOL carryforward from 2017

I need to talk to a representative to guide me where to put my nol deduction
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2 Replies

Im trying to wrap up my return but I still have to deduct my NOL carryforward from 2017

 

While inside the software and working on your return, type nol carryforward in the Search at the top of the screen (you may see a magnifying glass there).  There will be a popup that says Jump to nol carryforward.  Select that link.

Here's more information on NOLs that may be helpful to you: IRS Pub 536 Net Operating Loss


Anonymous
Not applicable

Im trying to wrap up my return but I still have to deduct my NOL carryforward from 2017

in the 2017 return, was there an election to carry forward the NOL 

if not and there was taxable income in 2015 or 2016, the loss must first be carried back to those years.  

any remaining may be carried forward to 2018

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