Vanessa A
Employee Tax Expert

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The N could stand for neutral or normal or no.  Possibly neutral due to the fact that since you did not have a loss, it is not relavant.  As you noted, it is a moot point since you operated at a profit, however, the way to get the actual answer and have it changed if it does stand for No would be to contact the IRS directly  

 

You can also look at previous year transcripts to see what they say. 

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