2 part question:
One: On form 8995 I show a loss in line 16 for both 2019 and 2020. Should I include them or carryforward on 2021 return even if there is no income for 2021? I am worried I will "loose" the carryforward which I will want to use since i know i have income for next year already.
Two: How do I handle the carryforward for both 2019 and 2020. Do i use one at a time, starting with the oldest (2019) or do I add them together and use one $ amount as the carryforward?
