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    #1

    NOL Again

    Clients only income is sch. C. It is a loss for 2011.
    If the loss was at risk it shows up on the 1040 as a loss & on 1045.
    If the loss was not at risk it does not show up on the l040 or on 1045.
    My question: is the at risk loss the only loss that can be carryforward
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    #2
    Well you could have passive loss carryforwards as well, but that wouldn't be common on a Schedule C. You can also elect to carry a NOL forward instead of back.

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