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carryover losses
I'm using Turbo Tax for the first time. How/where do I record carry over losses for 2019?
I am using TurboTax Home & Business and the carryover losses would be on Schedule F, net operating costs
You have to manually calculate your NOL (see Form 1045 link below) and then enter the NOL into TurboTax.
https://www.irs.gov/instructions/i1045
TurboTax does not support Form 1045 and does not carry over NOLs. If you are using TurboTax Home & Business, look for Less Common Business Situations under the Business tab. You will find the NOL carryforward start (update) button in that section.
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