Business & farm


@Anonymous wrote:

I believe the CARES act changed the NOL carryback rules and NOLs for 2018 can once again carried back. 


That is correct.

 

However, the statement made by @ColeenD3, referring to the NOL, that "The program would have calculated it [the NOL] and done it for you" is not correct; TurboTax neither calculates nor carries forward an NOL.

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