sjrcpa
Level 15
04-29-2021
01:55 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
1. It's a 5 year carryback.
2. 1045 can only be used for the 2020 NOL. It must be filed by 12/31/2021. For 2018 and 2019 NOLs you need to file 1040X for each carryback year.
The more I know the more I don’t know.