RobertB4444
Expert Alumni

Business & farm

Yes.  The NOL is figured using your income less the standard or itemized deduction on your return.  Any remaining amount should carry over into next year.  There is a worksheet from the IRS here.  

 

The software should carry your NOL forward but if it is not you can track it yourself and enter it on next year's return.  

 

@stoykogd 

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