Is there a change to how I claim my NOL (Net Operating Loss)?

Your Net Operating Loss (NOL) can only be carried forward using Form 172 if it is not able to be entirely claimed during the current tax year.

Prior to tax year 2018, a taxpayer was able to carryback the loss for two years or carryforward the loss.   

Where do I make the entry in the program?

In the program, you can enter your NOL from last year by following this path:

• Federal
• Income
• Less Common Income 
• Form 1045