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O
okjahrling
February 22, 2025
Question

where to elect carryforward of NOL

  • February 22, 2025
  • 1 reply
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    1 reply

    M
    MAK70
    February 22, 2025

    After you are finished with your Deductions & Credits, TurboTax will ask if you have an NOL for 2024, click Yes, and answer the next questions.  This will allow you to carry forward the NOL.  Generally, you can only carry NOLs arising in tax years ending after 2020 to a later year. 

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