dkh
Level 15
04-03-2021
08:15 AM
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Do you have the 2019 in PS? Open the NOL worksheet form - it will show you the math for the NOL carryforward. As for the explanation on the 2020 - here is what I use
20xx Form 1040 NOL carryforward $xxxx
there is no need to give all the details as IRS already has that on the 2019 return