Hmm, am not sure I follow. How does operating loss carryforward come in play. I looked at the NOL worksheet, there is no mention of 1116 on there. And on the 1116 Carryover worksheet, there is no room for Carryback as far as I can tell. Do I have just have to create a schedule on the Explanation Statement? And put my Carryback on Form 1116, Part III, line 10?
Thanks for your patience, I appreciate it.