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    When carrying back an individual NOL from 2019, how to eliminate the NOL statement showing the NOL as a carry forward to 2020?

    whiteyr
    Level 1
    ‎12-15-2021 05:21 PM
     
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    Accountant-Man
    Level 13
    ‎12-15-2021 08:31 PM

    You can't. 

    ** I'm still a champion... of the world! Even without The Lounge.

    View solution in original post

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    3 Comments 3
    George4Tacks
    Level 15
    ‎12-15-2021 06:13 PM

    I believe you will find a check mark to REMOVE in Screen 46 CARES Act NOL Elections

    https://proconnect.intuit.com/community/individual/help/electing-to-forgo-an-nol-carryback-for-an-in...


    Answers are easy. Questions are hard!
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    whiteyr
    Level 1
    ‎12-15-2021 06:50 PM

    Please read my question.  I am not trying to waive the carryback period. 

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    Accountant-Man
    Level 13
    ‎12-15-2021 08:31 PM

    You can't. 

    ** I'm still a champion... of the world! Even without The Lounge.
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