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I had a business loss on line 31 of "Profit or Loss From Business" schedule C in 2017. Can I use this entire amount as a Net Operating Loss on my 2018 return?
If I can use line 31 amount as NOL, what should I enter in "Explanation of Net Operating Loss Carryover"? Would I just enter "Loss from line 31 of 2017 schedule C"?
‎June 4, 2019
1:36 PM