I am using Turbo tax 2021 desktop version to carry forward a 2020 NOL. I have gone through the process to amend my 2021 return using the on-line step-by-step screen to enter the NOL carry forward from 2020. I entered the amount from my "2020 worksheet 1 - Figure NOL". After a week, I determine the amount I calculated was not correct. I went back to Turbo Tax and updated the NOL 2020 carry forward amount. Unfortunately, the 2020 NOL carry forward amount I entered on the screen did not get updated on:
- Form 8995 line 3
- QBI Deduction Summary line 3
I am also amended my 2022 and 2023 returns. Luckily, Form 8995 and QBI Deduction Summary have been properly updated. This is a minor item but I did want to make note of this in case TurboTax wishes to review.
George
