NOL carryover not calculated on my 2022 California State Tax
Had to manually enter my NOL carryover on my Federal Tax 1040 but it does not calculate on my California State Tax and I do not know where to manually enter.
01325
1 Replies
JulieS
Expert Alumni
Feb 21, 2023 2:17:10 PM
You don't need to enter your NOL on your California tax return.
The California return starts with your federal adjusted gross income (line 11 of 1040 or 1040-SR). That number includes your NOL, so you don't enter it again on your state return.