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Entering a New Jersey NOL Carryover from 2018 to 2019 originating from Form NJ-BUS-2

DavidCPA
Level 2

Where do I enter a New Jersey NOL Carryover from 2018 to 2019 originating from Form NJ-BUS-2

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2 Comments 2
itonewbie
Level 15

Click on Income > Net Operating Loss > Federal Net Operating Loss and scroll down the 2019 NOL Worksheet section.  There, you'll find the line for Loss carryforward from prior year Form NJ-BUS-2 {NJ}.

[Edited: Just noticed question is relating to individual instead of corporate returns]

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Still an AllStar
DavidCPA
Level 2

Hi itonewbie,

Thank you for you quick and accurate response. It was very helpful!

Much Appreciated!

Dave

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