Carry forward my 2018 Net Operating Loss into my 2019 return

I am self-employed. In 2018, I had a net operating loss. I waived the carry-back period option, per Section 172(b)(3)

I have just finished my 2019 return. Where can I see how the 2018 NOL has carried forward and affected my 2019 return? Is there a form, or a line in my return that shows that the carry-forward into my 2019 return?

Or, do I need to manually enter the NOL from 2018? What form? What line?

526

Not applicable

Mar 27, 2020 12:03:41 PM

its on line 8 schedule 1

Level 2

Apr 1, 2020 7:44:26 AM

Many thanks for your time and attention to my question.

I checked my Schedule 1, and find no entry on line 8. (see below)

Curiously, line 8 reads "Other income". In 2019 tax year, I had a $ 5,014 net operating loss. For line 8, would I list a negative number?

Expert Alumni

Apr 1, 2020 10:52:07 AM

To enter your 2018 business Net Operating Loss carryforward:

Type nol carryforward in the search box and click on the Jump to nol carryforward in the results box.
Please enter the carryforward amount as a positive number.

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Carry forward my 2018 Net Operating Loss into my 2019 return