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Dave 165
New Member

operating Loss Carry Forward

How do I show a loss Carry forward on my 2019 Return.  I had wages in 2019, and would like to limit the loss to wages less standard Deduction.

 

 

 

 

 

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1 Reply
JamesG1
Expert Alumni

operating Loss Carry Forward

You want to report a loss from 2019 carried forward to 2020?  Please clarify.  In TurboTax Home and Business, report by following these steps.

  • Click on Business at the top of the screen.
  • Click Continue.
  • Click on I'll choose what I want to work on.
  • Scroll down to Less common  business situations.
  • Click Update/Start to the right of Net Operating Loss/QBI Carryforward Loss.

 

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