New York State
Hi All, Hope this is the right venue.
In 2017 I filed taxes with a (loss) from Form 4797 of -85,808. This carried over to my 1040 and I ended up with an AGI of -71,543. Then took the standard deduction of 12,700 and an exemption of 8,100. Ended up with 2487 refunded.
This year I'd like to pick up whatever remainder of those losses I can, but TurboTax isn't pulling it up, even though last year was also done in TurboTax. So I'm unsure whether to enter the balance of the loss (which I think might be -73656) and enter it under NOL carryforward, or whether it belongs elsewhere.
Any help would be appreciated!
Hi All, Hope this is the right venue.
In 2017 I filed taxes with a (loss) from Form 4797 of -85,808. This carried over to my 1040 and I ended up with an AGI of -71,543. Then took the standard deduction of 12,700 and an exemption of 8,100. Ended up with 2487 refunded.
This year I'd like to pick up whatever remainder of those losses I can, but TurboTax isn't pulling it up, even though last year was also done in TurboTax. So I'm unsure whether to enter the balance of the loss (which I think might be -73656) and enter it under NOL carryforward, or whether it belongs elsewhere.
Any help would be appreciated!