Frustrated-in-I L
Level 8
02-25-2023
02:32 PM
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This is what I do for clients that have an NOL carryforward.
Form 1040: Individual Tax Return
Explanation Statement
2009 FORM 1040 NOL CARRYFORWARD $34559
2010 FORM 1040 NOL CARRYFORWARD $25553
2013 FORM 1040 NOL CARRYFORWARD $18906
2015 FORM 1040 NOL CARRYFORWARD $ 5554
I am going to use your NOL carryforward statement. My client could use $84572 of NOL, especially from years which are not limited to 80%!😋