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February 25, 2025
Question

where do i find my "allowed net operating loss (NOL) carryover on my 2023 return?

  • February 25, 2025
  • 1 reply
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    1 reply

    February 25, 2025

    If you used TurboTax last year, as long as you used the same account, your NOL carryover will be transferred automatically. 

    If you used a different software, from your documents, your net operating loss carryover from 2023 will be located on the NOL Carryover Calculation Worksheet 1, line 1.

     

     

    February 25, 2025

    Thank you! I’ve used TurboTax for many years, but the more supposedly streamlined it gets, the harder I find it to use….Everything is tucked away. 
    I’ll try to follow your directions!