Explain where on the K-1 there was an NOL reported ?
An S-Corp is a pass thru entity and cannot have an NOL. What you could have was an ORDINARY loss that would transfer to the Sch E page 2 of the personal return. And then you may have had a NOL on the 1040. Then did you choose to waive the NOL carryback on a timely filed 2019 return ?
