Investing

Ok, thank you @Anonymous_ !

 

I calculated my 2019 NOL by using 2019 Pub 536 worksheet 1 and I do have a NOL. Should I have done anything on my 2019 return to denote that there is a NOL?  The pub wasn't very clear that I didn't have to do anything other than carry it forward (assuming I waive my carry back) or carry it back to 2014.

 

I'd like to waive my carryback, mainly because it will result in more of a refund due to me being in a higher tax bracket for 2020.....When I read this bulletin: https://www.irs.gov/irb/2020-18_IRB#REV-PROC-2020-24 it reads to me that the due date to waive a carryback for a 2019 NOL has been extended to the due date of my 2020 taxes with all extensions....am I reading that correctly?  (Sometimes I wish the IRS would be more direct in their language.)