Jessica Ly
Level 2
10-14-2024
04:17 PM
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My new client had NOL carryforward from 2004 to 2022. He filed Schedule C for his business. Please advise how to enter his NOL loss before 2018 and after 2018 in Proseries.Thank you!
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Level 15
10-14-2024
04:37 PM
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The Federal Carryover Worksheet lets you input prior year NOLs. But you have to manually account for the 80% of taxable income limit for NOLs after 2018 (or was it 2017? I cant remember)
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