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Business & farm
Your tax person filed a 1045 that resulted in zero refund? Why on earth would they do that? Besides the fact that the tax professional probably charged you money to do that, doing so likely reduced your usable NOL to be carried to 2021.
At any rate, any unused NOL can be carried to 2021. But again, although you can enter the NOL, TurboTax is not set up to calculate NOLs (and I'm not sure if it is set up for the 80% limit for when that applies).
‎February 25, 2022
1:14 PM