I have business losses from 2019 & 2020. The total for them is shown on my 2020 Qualified Business Income Deduction Simplified Computation form line 16. I'm working on my 2021 and it's asking for the allowable NOL carryover from 2020. Is there a certain percentage I need to use? And for further insight, I'm retired and I'm receiving my pension and Social Security Disability. Thanks!
