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Level 7
March 31, 2025
Question

NOL CARRYFORWARD

  • March 31, 2025
  • 1 reply
  • 7 views

Is there an election to carry forward NOL arising from a hurricane damage or is it mandatory to carry it two years back first.

 

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1 reply

Just-Lisa-Now-
Intuit Community Champion
March 31, 2025

There is an election.  If you hit the WHERE DO I ENTER button and type  EL  you should get a list of elections to choose from.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪