LizLissin
Level 1
09-28-2020
03:38 PM
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Can I carry back a loss from 2019 form 4797 to 2018
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Level 15
09-28-2020
03:42 PM
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Did it create a Net Operating Loss on the tax return?
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LizLissin
Level 1
09-28-2020
04:10 PM
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It is NOL in 2019
sjrcpa
Level 15
09-28-2020
05:38 PM
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There is a 5 year carryback for 2019 NOLs. It goes back to 2014 first.
The more I know the more I don’t know.