Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Carryback losses

Highlighted
Level 1

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

0 Cheers
1 Solution

Accepted Solutions
Highlighted
Level 15

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


ex-AllStar

View solution in original post

3 Replies 3
Highlighted
Level 15
Level 15

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


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Highlighted
Level 1

It is NOL in 2019

0 Cheers
Highlighted
Level 15

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


ex-AllStar

View solution in original post