Upon review, there is an issue with the calculation in TurboTax and I have reported it for review. Once there is an update and Expert will get back to you so you can proceed.
If you have entered any NOL carryovers in TurboTax Premium Online you can follow these steps to remove them:
- Within your return, click Wages & Income in the black menu bar on the left
- Scroll to Self-employment income and expenses and click Edit
- Click Edit for the line of work you need to add the losses to
- Scroll down to Uncommon Situations and click Edit
- Continue to the Let's get your at-risk loss carryovers screen
- Delete your total loss carryovers in the box on the Schedule C line then click out of the box on the screen and click Continue
- Proceed entering/reviewing your return
[Edited 3/7/23 | 12:11 PM PST]
@BCer50
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
