Thank you so much for the quick reply. It's much appreciated.As of now, my draft Form 8995, Line 16, for 2020 shows a Qualified Business Loss Carryforward of -$...
Hi. would it be possible for someone to review the post from yesterday (shown below) that began this string? It doesn't have to do with state taxation but appea...
Hello again and thank you for responding. I have consulted with my CPA and we are both puzzled by the way TurboTax calculated NOL for me in 2018. Frankly, we ar...
Thanks so much for that quick and thorough reply on a pretty complicated subject. I know that I have a NOL carryover from 2018 that is a healthy figure. My Turb...
