Accountant-Man
Level 13
03-05-2026
03:53 PM
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The NOL from a prior year goes on this year's 1041 line 15b. It should carryover from last year.
The current year's NOL will go on the beneficiaries' k-1s when the 1041 is marked Final. Line 11.
** I'm still a champion... of the world! Even without The Lounge.