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Business & farm
I did not make the election to "waive the carryback". Do I have to and is there a deadline? Thanks.
yes you had to for 2020 by the due date of the return including any valid extensions. this is no redo, without the election the NOL must be carried back 5 years and any remaining carried forward. the problem is does Turbotax do amended returns for 2015
‎October 27, 2021
12:49 PM