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Level 6
April 9, 2024
Question

C Corp loss carryover

  • April 9, 2024
  • 3 replies
  • 34 views

We had loss in 2022. I know we can carryover that loss to next year. Is there a form we have to use or does it auto carryover for 2023

3 replies

Level 15
April 9, 2024

There are no extra forms to file.  TurboTax should automatically carry your Net Operating Loss forward into 2024.  In the event that it does not you can manually enter your loss into next year's return.

 

@stech 

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stechAuthor
Level 6
April 9, 2024

I used different software last year. Where do I enter manually?

Alumni - Expert
April 15, 2024

Go to Forms Mode (top right corner). Then do a search for Net Operating Loss Worksheet (NOL Wks). You will enter the amounts there. 

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