Hello,
2021 taxes will be my first time with TurboTax. In the past, I filed a paper return.
I have a NOL carryforward from 2017 that I would like to apply to my 2021 return and want to ensure that my return clearly calls out that the NOL was from 2017. This is so I can use the offset at full 100% given that the IRS modified NOL carryforward rules for returns from 2018 onward. When I did a paper return, I always attached a letter showing the 2017 loss and how it was applied in subsequent years.
Any thoughts on how this can be done in TT?
Thank you
