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Level 2
December 15, 2021
Solved

When carrying back an individual NOL from 2019, how to eliminate the NOL statement showing the NOL as a carry forward to 2020?

  • December 15, 2021
  • 2 replies
  • 6 views
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Best answer by Accountant-Man

You can't. 

2 replies

George4Tacks
Level 15
December 16, 2021

I believe you will find a check mark to REMOVE in Screen 46 CARES Act NOL Elections

https://proconnect.intuit.com/community/individual/help/electing-to-forgo-an-nol-carryback-for-an-individual-return/00/5958

Answers are easy. Questions are hard!
whiteyrAuthor
Level 2
December 16, 2021

Please read my question.  I am not trying to waive the carryback period. 

Accountant-Man
Level 13
December 16, 2021

You can't. 

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