Deductions & credits

Form 8995 does not report or carry over a NOL.  That form may report a QBI loss, but that is different than a NOL.

 

So first, do you actually have a NOL?  A NOL is not just a business loss; it means the enter net tax return ends up with negative income.  So with that in mind, do you actually have a NOL?

 

Next, if you do have a NOL, did you "Waive the Carryback" for the 2018 and 2019 NOL?  Due to retroactive tax laws, you would not have done it in 2018 and might not have for 2019.  Without the election to "Waive the Carryback", any NOL would be carried BACK 5 years.

 

Lastly, as Tagteam indicated, TurboTax does not calculate NOLs (it is NOT necessarily just the amount of your loss).  You need to MANUALLY calculate them and MANUALLY enter them into the program.