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New Member
posted Jun 5, 2019 3:07:53 PM

What is a net Operating Loss Explanation Statement and where do I find it?

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New Member
Jun 5, 2019 3:07:54 PM

For detailed information on Net Operating Losses (NOLs) for Individuals, Estates, and Trusts, please refer to IRS Publication 536 (2017).

To locate the form in TurboTax, you may use the jump to feature to skip directly to that section of your tax return.

  • Click on the Search field in the top-right corner (see screenshot below)
  • Type in the keyword  - for instance, NOL
  • Press Enter
  • Select the jump to option from the list of results.