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posted Oct 6, 2022 10:15:23 AM

Where do I enter an used net operating loss carrying forward from prior years?

I had a net operating loss in 2020.  I carried it back five years and still have a remaining loss carrying forward to 2021.  Where do I deduct this loss on my 2021 return?

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1 Best answer
Level 15
Oct 6, 2022 10:22:58 AM

Look in the Less Common Business Situations section.

 

1 Replies
Level 15
Oct 6, 2022 10:22:58 AM

Look in the Less Common Business Situations section.