My wife's realtor business showed a loss of 14,000 last year.. can I use that this year, on the Net Operating Loss carryforward?

m-bloomfield · ‎June 1, 2019

MinhT · ‎June 1, 2019

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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