Thanks for your response.
Got Pub 536 but struck on line 1: NOL = AGI - deductions. -$62,000 - $27,000 = -$87,000 ?? can't be right
Instructions said nothing about handling a negative AGI. Called IRS this am but after 45 minutes was told that that there was no one who could help with Pub 536.
Downloaded f1045. What a *^%$! However it starts out the same way on Sched A Line 1 as Pub 536 with the formula to determine NOL.
