jlew1229
Level 3
06-15-2021
11:57 AM
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Thank you
I appreciate everyone's help. I have carried back the NOL per the IRS letter. 2017 is the final year of the K-1 that produced the NOL, that I had to carry back When I am amending 2017 I removed the prior year Passive losses on the 2017 K-1 input screen? If I don't it seems like it is figuring this NOL, plus using the prior year NOL that was carried forward from having to carry it back. Is my reasoning correct?