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Business & farm
No, a Form 1045 is not used to carryforward an NOL.
An individual, estate, or trust files this form to apply for a quick tax refund resulting from:
- The carryback of an NOL,
- The carryback of an unused general business credit,
- The carryback of a net section 1256 contracts loss, or
- An overpayment of tax due to a claim of right adjustment under section 1341(b)
If you did your return in TurboTax last year, it will carry forward to Line 21, if you elected to forgo the carryback,
‎June 6, 2019
11:12 AM