Question 4 of 5. Rita has an NOL generated in 2018 from farming activity. Which is NOT an option for using the NOL in another tax year? 1. Rita may carry the NOL back to 2016 using Form 1045. 2. Rita may carry the NOL back to 2016 using Form 1040X. 3. If Rita waives the carryback, she may deduct the NOL as a negative amount on her 2019 Schedule F (Form 1040), using line 8. Other Income. 4. If Rita waives the carryback, she may deduct the NOL as a negative amount on her 2019 Schedule 1 (Form 1040), using line 21, Other Income.

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