sjrcpa
Level 15
09-29-2024
05:52 PM
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There is not a Schedule C NOL carryover.
The taxpayer may, or may not, have an NOL carryover. Look at last year's tax return or calculate yourself. A lot of things go into the calculation. Having a Schedule C loss in and of itself does not necessarily mean there is an NOL.
The more I know the more I don’t know.