PatriciaV
Employee Tax Expert

Investors & landlords

To apply the NOL Carryback to prior years, you will need to file amended returns for each of the last two years. Any remaining NOL will be carried forward for up to 20 years (or you can elect to carry the entire NOL forward).

See the links for amending prior returns here:

https://ttlc.intuit.com/replies/3288565

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