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    Ohio City NOL Carryover

    JZGilleo
    Level 3

    Hello again,

     

    I need to carryover an NOL from the previous year on the client's individual Cincinnati income tax return. I see where it goes on the city's worksheet, but cannot find the appropriate field in which to enter the value for Worksheet B.

    There is no NOL for Federal or State purposes, just for rental properties in Cincinnati (the only activity in the jurisdiction). 

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    1 Comment 1
    TylorValdez1
    Employee
    Employee

    On screen 54, go to the section for deductions. There will be an area for loss carryforward where you can enter the city NOL. Initial loss and unused carryforward

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