GaryH
New Member

Business & farm

Yes, 2011 first and then 2012 Form 1045.  You do NOT use anything in 2013 because that is the LOSS year.  Losses are not deducted in the year they occur; only carried back and then carried forward.  No, the IRS will not do them for you.  You will need to look at specific state instructions to see how they handle NOL's.  Most have their own special calculations and forms.