- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Should Georgia Schedule 4, Net Operating Loss Application be completed in the year of the NOL? For example, should the form be used in 2024 filing for 2024 losses?
I have an S-Corp operating loss in 2024 tax year. Income/Losses flow through as income on 1040. Can't tell if TT already reflected the allowed 2024 loss for Georgia return, OR if I need to complete the Schedule 4 application. Georgia instructions make the form seem that it may only be needed for carryover purposes in future years.
‎February 24, 2025
6:02 PM