@tangyue wrote:
I did not make the election to "waive the carryback". Do I have to and is there a deadline? Thanks.
It was due by the due date of your 2020 tax return (including extensions). So unless you filed a 2020 extension AND live in a disaster area that has the IRS has extended the due date past now, it is too late to make that election, so it will need to be carried BACK.
