@KGSHU See response from @Hal AL here https://ttlc.intuit.com/community/taxes/discussion/the-simple-answer-is-no-but-you-must-report-the-c...
Don't forget though about the Cares Act. The CARES Act (2020) temporarily created a special five-year tax carryback allowance and eliminated the 80% limit on net operating losses for 2018, 2019, and 2020. The provisions of this law ended on December 31, 2020. So you may want to amend prior year returns if that gets you a better outcome.
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