Kimmons2
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04-06-2026
12:51 PM
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Form 1040 Schedule 1 Line 8 Other income statement Net Operating Loss carry forward
Error Message:
Other Income Statement-Explanation Stm. Detailed Explanation must be completed. Enter your explanation to complete the NOL Explanation statement.
How do I fix this? In addition to form 172, what other forms are needed? What information is included in the detailed information screen.
Loss is due from schedule E Rental property.
Loss schedule 1, line 5 (NOL Schedule E) $-8,081
Schedule 1, Line 8a (NOL Deduction) -$3,361 Carry forward for 2025
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