Theft lost carry forward

[john_poelman]

In my 2022 return, I used Turbo Tax Premier and form 4684 to report a fraudulent investment scam loss.  The loss exceeded my 2022 income by a wide margin.  Now for 2023, I purchased TurboTax Premier again.  How do I figure out if I can carry forward any of the loss (I reported in 2022) on my 2023 return?  I don't think TurboTax is doing it automatically for me.  Thank you.

[Mike9241]

you may have an NOL which Turbotax does not compute.  use form 1045 schedule A or pub 536 worksheet 1.

https://www.irs.gov/pub/irs-pdf/p536.pdf