https://ttlc.intuit.com/community/business-taxes/discussion/nol-for-small-business-and-income-from-w-2/01/659339#M26190 If I have a net operating loss from a self-employed business, but I also have income from a W-2 where I was an employee, is the business loss deducted from my taxable W-2 income or can I carry forward the NOL to next year for my business expenses and income in the next tax year? Thu, 06 Jun 2019 09:25:41 GMT erinj47 2019-06-06T09:25:41Z https://ttlc.intuit.com/community/business-taxes/discussion/nol-for-small-business-and-income-from-w-2/01/659339#M26190 If I have a net operating loss from a self-employed business, but I also have income from a W-2 where I was an employee, is the business loss deducted from my taxable W-2 income or can I carry forward the NOL to next year for my business expenses and income in the next tax year? Thu, 06 Jun 2019 09:25:41 GMT https://ttlc.intuit.com/community/business-taxes/discussion/nol-for-small-business-and-income-from-w-2/01/659339#M26190 erinj47 2019-06-06T09:25:41Z https://ttlc.intuit.com/community/business-taxes/discussion/the-net-operating-loss-from-your-business-from-schedule/01/659342#M26192 <P>The net operating loss from your business (from Schedule C) will appear on line 12 of your 1040 (as a negative number).&nbsp; It will be subtracted from your other income, including your W-2 wages.</P> Thu, 06 Jun 2019 09:25:41 GMT https://ttlc.intuit.com/community/business-taxes/discussion/the-net-operating-loss-from-your-business-from-schedule/01/659342#M26192 IreneS 2019-06-06T09:25:41Z