ratherfarm
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 2
		
	
				
		
	
		
			
    
	
		
		
		02-25-2021
	
		
		10:49 AM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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how does this impact my return with a farm loss? I assume this does not impact the loss carryforward?
		
			
				
						
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			TaxGuyBill
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 15
		
	
				
		
	
		
			
    
	
		
		
		02-25-2021
	
		
		10:54 AM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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Is the taxpayer fully "at risk"? In most cases, that would be the case for a Sole Proprietor, in which case you don't need the At Risk form.
What carryforward? Does the loss create a Net Operating Loss (NOL)?
			
		
			
	
	
			
				
		
		
			ratherfarm
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 2
		
	
				
		
	
		
			
    
	
		
		
		02-25-2021
	
		
		02:50 PM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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yes a NOL