Jerry C
Level 3
09-19-2021
09:34 AM
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Where Do I put prior years (11 Years worth) Of loss carry forwards.
I know there is a Federal Carry forward worksheet for State and local taxes and below that are loss carry fwd for Short and Long term capital losses with adoption credit/ carry fwd
But where do I list the years and losses so it appears under Other Income on the 1040
This is a new client for me
Best Answer Click here
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Just-Lisa-Now-
Level 15
09-19-2021
12:37 PM
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Carryover Worksheet Line 14 is for NOL. I dont think ProSeries has a sheet that shows all the years individually.
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dkh
Level 15
09-20-2021
08:14 AM
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@Jerry C is this what you're asking about? Unfortunately there is no way to get this info to carryforward each year. I use cut & paste to save time and prevent typing errors.
Jerry C
Level 3
09-20-2021
06:01 PM
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Thank you. I just overlooked Line 14