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Get your taxes done using TurboTax
The information above is for federal purposes. Georgia does not follow Federal rules.
See TurboTaxHelp's article on how to enter your carryover losses. Click here: Carryover losses
For losses incurred in taxable years ending after December 31, 2017, Georgia follows the new federal laws relating to no carryback and unlimited carryforward of net operating losses and also adopts the 2-year carryback for farming losses and the 2-year carryback and 20-year carryforward for a certain insurance company. It does not follow the Federal rules, thus no carryover allowed.
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March 16, 2020
1:00 PM