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Turbo Tax for Declared Disasters

I am doing my 92 yr old Mom's taxes for 2024 (extension was filed). She was in 2 fed qualified hurricanes (Helene & Milton).  She had huge losses, well exceeding her income.  She is itemizing her deductions on Schedule A.  Her 2024 Return will have no tax due, but according to what I have read she should be able to carry forward the unused losses.  I see nowhere on 2024 return or supporting documents that show the carry forward amount.   I am concerned about the 2025 Return information not transferring from the 2024. Also read about a Form 172 and can't find it in Turbo Tax.  So many people had massive losses in 2024, I feel like the must not be an uncommon problem.

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1 Reply
rjs
Level 15
Level 15

Turbo Tax for Declared Disasters

TurboTax does not calculate the net operating loss carryforward, and does not include Form 172.

 

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