Beachkids5
Level 3

If someone had AGI of -72027 and standard deduction of 27,400, what is the NOL to carryforward?

Is it 72027 or 99427.

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TaxGuyBill
Level 15

Maybe neither.

You indicated you are using ProSeries Professional, and that should calculate the NOL for you.

Just-Lisa-Now-
Level 15
Level 15
Look at the carryover worksheet, it should show the NOL.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Beachkids5
Level 3

thank you.  I failed to say I didn't do the return last year and was trying to avoid having to input all the info from 2020, but may have to.

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