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NOL carryforward
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Kimmons2
Level 3
04-06-2026
12:51 PM
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Form 1040 Schedule 1 Line 8 Other income statement Net Operating Loss carry forward
Error Message:
Other Income Statement-Explanation Stm. Detailed Explanation must be completed. Enter your explanation to complete the NOL Explanation statement.
How do I fix this? In addition to form 172, what other forms are needed? What information is included in the detailed information screen.
Loss is due from schedule E Rental property.
Loss schedule 1, line 5 (NOL Schedule E) $-8,081
Schedule 1, Line 8a (NOL Deduction) -$3,361 Carry forward for 2025
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IntuitKatie
Moderator
04-07-2026
09:57 AM
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@Kimmons2 Thank you for being part of this Community and for posting your questions and concerns. We truly appreciate you being here. If you haven’t already, please reach out to ProSeries Support for assistance, as they can best help with your specific situation. Thank you again for being part of the Community.
