username333
Returning Member

NOL Screen - what's it asking for?

NOL screen.png

Can anyone help me understand what this is asking for?

I mean, I know it's an NOL and I know what an NOL is and that I had one last year. But I imported my prior year ('21) return, so shouldn't that number be included? I checked the form this ties to and the number is be entered on the 2021 column.

For some reason I thought I would be entering my 2022 NOL carryover, which would be my 2021 NOL carry over reduced by my (2022 income - 2022 deductions - 2021 NOL) no?

Should I just find this on my 2021 return and enter it? I'm not carrying the 2021 NOL back at all.

@Mike9241  You get this NOL stuff pretty well, don't you?