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That is a very good answer. I did not know that Proseries basic does not do that automatically.It is on Schedule C (Form 8995-A) Loss Netting and Carry Forward....
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I don't need lectures.
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It is a NOL
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I am not looking for individual support but as a tax preparer using Proseries Basic.
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I have Schedule C loss carryforward from previous year but it is not being applied to current year Schedule C income to lower my tax liability. Is there a certa...
