I no longer own my personal business, but have carryovers from 2015. Where do I enter this information or is it automatic?

neiderquill98 — Thu, 06 Jun 2019 10:12:41 GMT

The business ended in 2014, and info carried over to last year, but not this year.

Yes, you may need to enter the amount of Net Operating Lo...

PatriciaV — Thu, 06 Jun 2019 10:12:43 GMT

Yes, you may need to enter the amount of Net Operating Loss Carryover from a prior year.

The easiest way to find this section of TurboTax is to use the Search box at the top right side of the TurboTax header. Click on the magnifying glass, type in "nol carryforward", hit Enter, and click on "jump to nol carryforward" to go directly to beginning of this topic.

Or go to My Account >> Tools >> Topic Search. Type in "nol carryforward", then click the topic in the list to go directly to the start of this section.

(If you are using the mobile app and don't have My Account or Tools on your screen, try logging into TurboTax from a laptop or desktop browser.)

Enter the NOL as a positive number (see screenshot below - click to enlarge).

topic I no longer own my personal business, but have carryovers from 2015. Where do I enter this information or is it automatic? in Business & farm

I no longer own my personal business, but have carryovers from 2015. Where do I enter this information or is it automatic?

Yes, you may need to enter the amount of Net Operating Lo...