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Z
Zansidd9786
April 13, 2024
Question

Where do I enter NOL carryforward in Turbo tax Business?

  • April 13, 2024
  • 1 reply
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    1 reply

    M
    Mike9241
    April 13, 2024

    what type of business? Only a C-corp has an NOL. for partnershoips and S-corps an NOL is determined at the individual return level. so while the business may report a loss, it does not mean the indivual has an NOL.

     use form 1045 schedul A or IRS pub 536 to see if you have an NOL. 

     

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