It depends. If it is a net operating loss (NOL) carryover you can report it as follows.For TurboTax Online: Under Income and Expenses Scroll to Other Business Situations > Select Net Operating Loss/QBI Carryforward LossFor TurboTax Desktop > Business Income and Expenses > Scroll to Less Common Business Situations section (click Start to the right of Net Operating Loss/QBI Carryforward Loss).If it is a capital loss carryover you can enter it using the link below..How do I enter a capital loss carryover?Please update with additional details if you need further assistance and we will help.

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saamii

Question

how to complete the section "Report Regular Tax Carryover"?

Forum|Forum|1 year ago
March 8, 2025
1 reply
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TurboTax Home & Biz Windows

DianeW777

It depends. If it is a net operating loss (NOL) carryover you can report it as follows.

For TurboTax Online: Under Income and Expenses Scroll to Other Business Situations > Select Net Operating Loss/QBI Carryforward Loss
For TurboTax Desktop > Business Income and Expenses > Scroll to Less Common Business Situations section (click Start to the right of Net Operating Loss/QBI Carryforward Loss).