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Deductions & credits
TurboTax Deluxe online does have a place for a net operating loss carryforward.
To enter your 2021 NOL carryforward:
- Type net operating loss in Search
- Select Jump to net operating loss
As Champs @Anonymous_ and @Mike9241 say, TurboTax does not calculate a NOL carryforward, so you will have to use Schedule A of Form 1045 to figure your carryforward each year.
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‎January 20, 2023
10:16 AM