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@Karim - Texas wrote:

It is a NOL

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 A NOL is when the entire tax return has net loss. That is different than a Schedule C loss (although a Schedule C loss could cause the a NOL/net loss over the entire tax return).

If you have a NOL, ProSeries Basic does not calculate the NOL or carry it forward. You will need to manually calculate it and enter the allowable NOL amount into the software.