soaring22
Returning Member

2023 Profit and Loss in the Negative

If you're showing a loss for 2023 in the business income section, does turbotax automatically carry it over to 2024 as a NOL? In the Net Loss section there's a carryover from 2022. It doesn't allow entering anything for 2023 which makes me think it would be redundant since it is already showing in the P&L section.

 

Any help with clarifying this would be greatly appreciated.