Business & farm

1st Entry : 2018 NOL Carry over manually input in Business tab of TT from 2018 Federal Carryforwad Worksheet.  This figure shows up in 2019 Federal Carryover worksheet in TT Forms.  This 2019 Federal Carryover worksheet in TT also show the NOL amount to be carried forward to 2020.

 

2nd Entry : Schedule K-1 under S Corp Business Investment.  The box for At Risk losses carrying over from 2018 is checked.  The form shows Schedule K-1 At-Risk Limitation Allocation Worksheet.  The same loss amount is showing up in the column Carryover Prior Year Loss (Details Form 6198 Line Number A1 Ordinary Income or Loss.

 

Hence, the 2018 Carryover NOL is appearing 2 times, and being double counted in my total 2019 Income/Loss.