I can elect to carry back or carry forward my Alabama NOL. 2018 AL tax due was $46. 2017 AL tax due was $0. If I carry back, will I receive a refund of $46?

[LeonardS]

" Taxpayers are allowed to carryback a net operating loss to the two previous tax years. Any remaining amount of net operating loss can be carried forward for up to fifteen years following the loss year." Ref: Alabama Net Operating Loss (NOL) Provisions for Individuals

[hmensch]

TurboTax generated a Form NOL-85 for me.  I did not check the box in Part III because I want to carryback.  TurboTax DID NOT generate a Form NOL-85A for me.  Do I have to do that manually?  Also, do I need to file amended returns for the previous years?  Thank you.

[AmyC]

Yes, to carry it back, you will have to file amended returns. The state of AL says:

Form NOL-85A is designed to apply a net operating loss to the tax year to which the loss is being carried. Before Form NOL-85A can be completed, you must first complete Form NOL-85 to determine the amount of net operating loss that may be carried back or forward.

NOL-85A - Alabama Department of

You can follow this link to see if your version of Turbo Tax supports the NOL-85A.,Forms Availability

[lovedaykevin]

I have used TurboTax for several years.  I file an Alabama 40NR and have had a net operation loss for the 4 years I have owned an Alabama rental property.  I do not see how to get TurboTax to check the box at the bottom of Alabama Form NOL-85 to "Elect to Forfeit Carryback Provision and instead elect to carryforward any allowable net operating loss for this taxable year".