ThomasM125
Expert Alumni

Business & farm

You do need to manually calculate the net operating loss carry forward (NOL) and enter it on line 14 of the Federal Carryover Worksheet.

 

You can learn about the NOL and how to calculate it by reviewing IRS publication 536 as follows:

 

 https://www.irs.gov/pub/irs-pdf/p536.pdf

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