- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
just because schedule C shows a loss doesn't mean you have an NOL. you should use form 1045 Schedule A to compute it
in short, an NOL is the excess of business losses or items of business income reduced by the excess, if any, of nonbusiness income over nonbusiness deductions.
March 31, 2023
7:07 PM