My question is - after using the worksheet in Pub 536 to calculate NOL am I supposed to file any form with IRS telling them - "hey, I have NOL for current tax year that I will be carrying forward and using in the future"?
No
Turbotax doesnt calculate NOL - but do they fill out any forms after I calculate and keep track of any carry forwards?
Next year - I know I use NOL on Schedule 1, but I am supposed to attach a statement showing the calculations. Will TurboTax (desktop) let me attach a statement with my return next year?
No -just enter the NOL and an explanation. if the IRS wants to see the calculation it will ask for it.
now Turbotax may change where you enter the nol when it comes to the 2023 return, currently, it's under business deductions and credits
