Solved: if you don't have have NOL carryforward the change in th...

I have a net operating loss due to theft why must I carry it forward or back? Why doesn't it count on this years tax return?

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if you don't have have NOL carryforward the change in the tax laws for 2018 only allows a NOL up to 80% of taxable income in the year it occurred. carryback is no longer allowed

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if you don't have have NOL carryforward the change in the tax laws for 2018 only allows a NOL up to 80% of taxable income in the year it occurred. carryback is no longer allowed