Royalty income from Schedule E Mark for follow up Question 65 of 75. Bronson sustained a $43,290 NOL in 2018. His loss is reported on Form 1040, Schedule C. The first year to which Bronson carries back his NOL is: 2015 2016. 2019. Bronson must take the NOL in the current year only Mark for follow up Question 66 of 75 originally filed or amended. All of the In an NOL carryback year, the NOL is combined with the AGI from the return as arn recomputed based on the new AGI EXCEPT