Solved
NOL calculation
So looking back at my previous returns. Is my NOL listed on line 41? Is it as simple as just taking that number and using it as my NOL or are other calculations needed?
Critter-3Answer
Level 15
November 10, 2022
No it is not ... you must do the calculations yourself. No edition of TurboTax includes Form 1045. You can download the form and its instructions from the following links on the IRS web site. You have to do the calculations and fill out the form yourself. The form includes Schedules A and B. Form 1045 is not part of your tax return. It is filed separately.
Form 1045: http://www.irs.gov/pub/irs-pdf/f1045.pdf
Instructions: http://www.irs.gov/pub/irs-pdf/i1045.pdf
