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Business & farm
I also did a test return of your situation and had the same findings as tagteam.
I entered a NOL of 100,000 as a positive number.
The NOL was -100,000 on my Schedule 1, Line 8a.
You can view your entire return or just your 1040 form before you e-file:
- Sign in to TurboTax.
- Open or continue your return.
- Select Tax Tools from the menu (if you don't see this, select the menu icon in the upper-left corner).
- With the Tax Tools menu open, you can then:
- Preview your entire return: Select Print Center and then Print, save or preview this year's return (you may be asked to register or pay first).
- View only your 1040 form: Select Tools. Next, select View Tax Summary in the pop-up, then Preview my 1040 in the left menu.
@melissa-cooks7
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May 1, 2024
5:31 PM