I have been using TurboTax for 10+ years. When I prepare the Net Operating Loss item this year, I found out that TurboTax has a Federal Carryover Worksheet, and there is a section of Qualified Business Income Deduction (Section 199A) carryovers. That section has 2020 and 2021 with
Line 28 Qualified business loss carryforward
Line 29 Qualified PTP loss carryforward
Line 31 Applicable percentage
Question 1: Is that mean TurboTax keeps track of my NOL and I can just use my Line 29 as my NOL?
Question 2: If it's a "No" for question 1, how can I make use of this Worksheet to calculate my NOL this year?
