I have a client with a large one-year NOL in a partnership. She
> terminated the partnership in less than a year and continued the same
> business as a Sole Proprietor. Is there any way to carryover the
> partnership NOL to her Schedule C for the following year?
>
> --
The partnership does not have an NOL because it is not a taxpayer. If the partnership's loss passed through to the partner resulted in a net operating loss for the partner on HER individual income tax return, she can carry that loss back or forward in accordance with the law.
Katie in San Diego