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April 2, 2025
Question

Does Turbo Tax generate GA Form 500 Schedule 4 NOL?

  • April 2, 2025
  • 1 reply
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I got a letter from Georgia states that I will need to file GA-500X with Schedule 4 for the NOL for 2023.  Can TurboTax do that?

    1 reply

    April 2, 2025

    Yes, you can amend GA 2023 return, complete and file schedule 4 Net Operating Loss with Ga-500X. 

    How do I amend my state tax return?

     

    To prepare schedule 4 with GA amended  return:

    On the screen Here's the income that Georgia handles differently scroll down to Net Operating Loss Under the Business section

     

    For Schedule 4 instructions, check 2024 IT-511 Booklet (pg28-33)

     

     

     

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