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Level 2
posted Jun 12, 2020 11:55:44 AM

NOL - do I just add the NOL to previous AGI for adjusted AGI?

NOL - do I just add the NOL amount to previous year's AGI for adjusted AGI on Form 1045 line 11 after carryback to figure out how much I can take on the Carryback for the 1st preceding year?

 

I've been working on this for a month & I can't figure out the specific place to add the NOL in for a Carry back.

 

I don't think I'm going to use any of it but have to go through all of the work to make sure.

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Level 15
Jun 27, 2020 9:39:39 AM

I will post in your other thread because the posts appear to be somewhat convoluted or maybe just out of sequence for some reason.

1 Replies
Level 15
Jun 27, 2020 9:39:39 AM

I will post in your other thread because the posts appear to be somewhat convoluted or maybe just out of sequence for some reason.