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Get your taxes done using TurboTax
You do not have an NOL and you cannot carry back a capital loss > refer to this ?
How To Figure an NOL
If your deductions for the year are more than your income for the year, you may have an NOL.
There are rules that limit what you can deduct when figuring an NOL. In general, the following items are not allowed when figuring an NOL.
Capital losses in excess of capital gains.
‎September 17, 2020
9:07 PM