What do I enter for NOL Carryforward?
Net Operating Loss (NOL) carryforward is when you had a business loss during a year when your deductions were more than your income.
NOL carryforwards arising from 2018 or later are limited to 80% of taxable income before the Qualified Business Income Deduction.
For more detail, see the instructions for Form 172 .
NOL carryforwards arising from 2018 or later are limited to 80% of taxable income before the Qualified Business Income Deduction.
For more detail, see the instructions for Form 172 .
