laurent
Returning Member

How do you input a carryover NOL in turbotax?

This year I am doing my taxes with Turbotax, a CPA used to do it.

I am trying to input the carryover from 2017.

In the 2017 1040 form there is a section Return Carryover Summary which I believe contains what I need to input.

A few items are doubled so which one do I input and how do I input it in turbotax?

Here is what I see 

activity/form         description                                                                  carryover to 2018

D                             Long-term capital loss                                                 2

4797                       non-recaptured net section 1231 losses                18

4797                       non-recaptured net section 1231 losses AMT       18

NOL                        net operating loss                                                        27,529

NOL                        net operating loss AMT                                               23,493

 

the NOL comes from R&D cost that were accounted for in 2014, the product lost money and I dissolved my company in 2016