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When carrying back an individual NOL from 2019, how to eliminate the NOL statement showing the NOL as a carry forward to 2020?

whiteyr
Level 1
 
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Accountant-Man
Level 13

You can't. 

** I'm still a champion... of the world! Even without The Lounge.

View solution in original post

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3 Comments 3
George4Tacks
Level 15

I believe you will find a check mark to REMOVE in Screen 46 CARES Act NOL Elections

https://proconnect.intuit.com/community/individual/help/electing-to-forgo-an-nol-carryback-for-an-in...


Here's wishing you many Happy Returns
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whiteyr
Level 1

Please read my question.  I am not trying to waive the carryback period. 

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Accountant-Man
Level 13

You can't. 

** I'm still a champion... of the world! Even without The Lounge.
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