Business & farm

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@ElizabethP47 wrote:

Does TT do this automatically for you? 

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No, TurboTax does not figure your NOL automatically nor does it carryforward an NOL. You need to calculate the NOL manually and then enter it into TurboTax (see screenshot).

https://www.irs.gov/publications/p536#en_US_2023_publink100097938