File form 1040X amended return for a net operating loss (NOL) carryback

Do the following to use Form 1040X to carryback a net operating loss (NOL):
  1. Complete the amended return.
  2. On the
    Amend
    screen, mark the
    Carryback related to: NOL
    or
    Carryback related to: GBC
    checkbox. The
    Carryback claim
    box will be marked automatically.
  3. Go to the
    NOLCO
    screen in the
    1045 & NOL
    folder.
  4. Fill out the NOL carryback section.
"Carryback Claim" will show up on the top of Form 1040-X. For more information about using Form 1040-X for a refund on NOL carrybacks, refer to the Form 1040-X instructions.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close