I always made my NOL go forward but now taxpayers could go back and get a refund from a tax liability year 2017.can I make all 2018nol,2019nol,2020nol go to 2017 tqax year to get the benefit because no tax liability in the other years
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1. It's a 5 year carryback.
2. 1045 can only be used for the 2020 NOL. It must be filed by 12/31/2021. For 2018 and 2019 NOLs you need to file 1040X for each carryback year.
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