If someone has an AGI of -72027 because of real estate sale and standard deduction of 27400, what is NOL to carryforward, 72027 or 99427/

[Beachkids5]

If someone had AGI of -72027 and standard deduction of 27,400, what is the NOL to carryforward?

Is it 72027 or 99427.

[TaxGuyBill]

Maybe neither.

You indicated you are using ProSeries Professional, and that should calculate the NOL for you.

[Just-Lisa-Now-]

Look at the carryover worksheet, it should show the NOL.

[Beachkids5 · Accepted solution]

thank you.  I failed to say I didn't do the return last year and was trying to avoid having to input all the info from 2020, but may have to.