On TurboTax State Taxes Section,
Under "Adjustment for net operating losses"
It says "If you claimed a net operating loss (NOL) deduction on your federal return, then enter the amount of such NOL deduction.
Adjustment for net operation losses __________. "
If you have a "Schedule C" on your Federal Taxes' section with a business loss(in the negative) because your expenses is greater than your income. Do you enter that number as the "NOL" on the "Adjustment for net operating losses" section of your State Taxes?
