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Where do I enter a net operating loss carryover for my small business (there is no K-1)?
This is my first year using TurboTax. I own a personal small business and I had a net operating loss in 2023 to carryover to 2024. TurboTax asked me for my NOL carryover for my state taxes (California) but never asked about it for Federal, and it is not appearing anywhere in my federal return. There is no K-1 (which is what keeps coming up when I try to search for this issue). I cannot find anywhere to enter this NOL carryover so that it will also be applied to my federal taxes.
‎April 2, 2025
4:01 PM