Question
How do you elect to carryforward the entire NOL to next year 2021?
Hello All,
Need some pointers, have a client who like other businesses, has losses NOL (schedule C) this year 2020; however, wants all of it reserved (carryforward) to next year 2021. System is using it all to adjust his other income (1099-R pension); however, need to stop it from applying it this year. Is there a way to carry it forward to next year instead of this year?
Thank you,
Is it May 17, yet?
