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Get your taxes done using TurboTax
It means you have a loss carryover, which means you couldn't use it. Examples are
- capital loss
- disallowed deductions
- excess contributions
- excess SEP contributions
- unallowed expenses to next year
- charitable contributions
- disaster
- net operating loss (NOL)
- theft and casualty
‎June 4, 2019
6:35 PM