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dannajarrard36
May 13, 2023
Question

I am trying to file my 2020 taxes using the desktop product. I have a NOL for 2020, but I'm being prompted to enter 2019 carry over NOL. How do I do NOL for 2020?

  • May 13, 2023
  • 1 reply
  • 0 views
I want to do a NOL carry back for my 2020 NOL. I cannot find the section to handle my NOL for 2020. Please help.

1 reply

Critter-3
Critter-3
May 13, 2023

The program doesn't handle NOL carrybacks or forwards in the interview mode so you must use the FORMS mode and make direct form entries which if you don't know exactly what you are doing may be impossible to do  AND  you will get no guidance from TT support.   I highly recommend you seek local professional assistance  with any NOL situations. 

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