Business & farm

For example the software carried forward 100000 of NOL from 2017, when I elected NOT to carry back. This carryforward feeds in on line 21 of Schedule 1 of 1040 for 2018. This amount needs to be adjusted by the modified taxable income which only allows me to carryforward $60,000. I don't know where to make this modification so that only $40,000 of NOLS are used up and $60,000 carryforward to 2019. I went nol elections, current year, I answer Yes, I have an NOL for 2018, but then it moves on to retirement income, it doesn't ask me if I want to carry it back.