LizLissin
Level 1
‎09-28-2020
03:38 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Can I carry back a loss from 2019 form 4797 to 2018
Solved! Go to Solution.
1 Solution
Accepted Solutions
sjrcpa
Level 15
‎09-28-2020
05:38 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
There is a 5 year carryback for 2019 NOLs. It goes back to 2014 first.
ex-AllStar
3 Replies 3
Level 15
‎09-28-2020
03:42 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Did it create a Net Operating Loss on the tax return?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
LizLissin
Level 1
‎09-28-2020
04:10 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
It is NOL in 2019
sjrcpa
Level 15
‎09-28-2020
05:38 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
There is a 5 year carryback for 2019 NOLs. It goes back to 2014 first.
ex-AllStar