I filed 2024 returns using Turbotax Deluxe Fed. & State Desktop. 4 2024, NC required its own form to calc its allowable biz. NOL. Turbotax didn't fill in. Why?

Forum|Forum|11 months ago
May 2, 2025
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I used the Windows version. Turbotax said it was the first year NC required such a form, then took me to the NC form, but filled in maybe 2 or 3 figures on a form that presented a baffling array of questions and calculations. Using Turbotax to fill in these kinds of forms is exactly why I use it! Why didn't Turbotax fill in this one? Is Turbotax going to issue an update to fix this so I can file an amended return? There's a couple thousand dollar$ it stake if I end up qualifying for the NOL that's applied in my federal return.

TurboTax Online

M-MTax

Unsupported Calculations and Situations in the 2024 TurboTax Individual Federal Tax Software Program

Net Operating Loss: If after completing your tax return you have a negative amount on Form 1040,
line 15, and you had a loss from a business activity such as those reported on Schedules C, E, F, or
resulting from dispositions on Form 4797, or sustained a casualty loss, you may have a Net Operating
Loss (NOL). The program does not calculate the amount of NOL to be carried back or forward to
another year. To determine your NOL, if any, refer to Form 172 (not included with this program). You will
probably also benefit by reviewing IRS Publication 536 for details about the NOL calculation.

https://digitalasset.intuit.com/render/content/dam/intuit/cgcs/en_us/turbotax/pdfs/150425-2024-unsupported-calcs-L1FQfTTgn.pdf