Carryback losses

[LizLissin]

Can I carry back a loss from 2019 form 4797 to 2018

[Just-Lisa-Now-]

Did it create a Net Operating Loss on the tax return?

[LizLissin]

It is NOL in 2019

[sjrcpa · Accepted solution]

There is a 5 year carryback for 2019 NOLs. It goes back to 2014 first.