https://ttlc.intuit.com/community/taxes/discussion/nol-carryover-from-2022-to-2023/01/3123496#M1145204 <P>Hi</P><P>&nbsp;</P><P>I had a NOL carryover from 2021 to 2022 for 300K, my taxable income in 2022 before accounting for the 300K carryover loss is zero, can i just skip the carryover loss from the 2022 return and enter everything o my 2023 return or it must be reported first on the 2022 return? if it must be reported on the 2022 return then it seems to me that I loss the entire 300K, because when will look at the 1045 worksheet 1 line 23 you need to enter as a positive any prior year NOL, so that totals that there is no NOL available for future years, am I right with this?</P><P>The only think i have on my mind but it doesn't look real, is to enter the 2021 NOL on form 461 line 8 as a negative and use the total from 461 line 16 as a negative plus the positive amount from worksheet 1 line 24 (see instructions for 1045 worksheet 3).</P><P>Bottom line I am really confused and would appreciate if someone could help me.</P> Tue, 10 Feb 2026 10:17:34 GMT ez10977 2026-02-10T10:17:34Z https://ttlc.intuit.com/community/taxes/discussion/nol-carryover-from-2022-to-2023/01/3123496#M1145204 <P>Hi</P><P>&nbsp;</P><P>I had a NOL carryover from 2021 to 2022 for 300K, my taxable income in 2022 before accounting for the 300K carryover loss is zero, can i just skip the carryover loss from the 2022 return and enter everything o my 2023 return or it must be reported first on the 2022 return? if it must be reported on the 2022 return then it seems to me that I loss the entire 300K, because when will look at the 1045 worksheet 1 line 23 you need to enter as a positive any prior year NOL, so that totals that there is no NOL available for future years, am I right with this?</P><P>The only think i have on my mind but it doesn't look real, is to enter the 2021 NOL on form 461 line 8 as a negative and use the total from 461 line 16 as a negative plus the positive amount from worksheet 1 line 24 (see instructions for 1045 worksheet 3).</P><P>Bottom line I am really confused and would appreciate if someone could help me.</P> Tue, 10 Feb 2026 10:17:34 GMT https://ttlc.intuit.com/community/taxes/discussion/nol-carryover-from-2022-to-2023/01/3123496#M1145204 ez10977 2026-02-10T10:17:34Z https://ttlc.intuit.com/community/taxes/discussion/re-nol-carryover-from-2022-to-2023/01/3123538#M1145212 <P>Report it and then recalculate (Form 1045).</P> <P>&nbsp;</P> <P>I am going to page&nbsp;<a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/2798147">@Mike9241</a>&nbsp;</P> Fri, 05 Jan 2024 01:39:26 GMT https://ttlc.intuit.com/community/taxes/discussion/re-nol-carryover-from-2022-to-2023/01/3123538#M1145212 Anonymous_ 2024-01-05T01:39:26Z https://ttlc.intuit.com/community/taxes/discussion/re-nol-carryover-from-2022-to-2023/01/3123575#M1145231 <P>schedule A is to compute your NOL for the current year, which excludes prior year NOLs.&nbsp; You need to complete schedule B for the prior years.</P> <P>&nbsp;</P> Fri, 05 Jan 2024 02:38:11 GMT https://ttlc.intuit.com/community/taxes/discussion/re-nol-carryover-from-2022-to-2023/01/3123575#M1145231 Mike9241 2024-01-05T02:38:11Z https://ttlc.intuit.com/community/taxes/discussion/re-nol-carryover-from-2022-to-2023/01/3125603#M1146128 <P>Thank you for your time.</P> Mon, 08 Jan 2024 17:56:06 GMT https://ttlc.intuit.com/community/taxes/discussion/re-nol-carryover-from-2022-to-2023/01/3125603#M1146128 ez10977 2024-01-08T17:56:06Z