how do i supress 2018 Form 461 in order to file 2018 Form 1040X and file form 1145 for NOL carryback 5 years?

[rebecca1965]

Client has 2018 NOL with excess business loss limitation of $500,000. I need to file 2018 Form 1040X and file 2018 Form 1145 for the quick refund.  How do I supress Form 461 limitation on 2018 Lacerte Program?

[George4Tacks · Accepted solution]

Start with the 1040X https://proconnect.intuit.com/community/lacerte-discussions/discussion/how-do-i-amend-2018-1040-to-s...

Then find the 1145? for carryback. Prepare it and fax to IRS https://www.irs.gov/newsroom/temporary-procedures-to-fax-certain-forms-1139-and-1045-due-to-covid-19 I am guessing that faxing the 1040x with a cover letter, followed by the 1045.