LSTAX
Level 4
10-03-2021
01:09 PM
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Hi, On screen 46 Elections under CARES Act NOL elections, I checked the first box "Waive carryback for current year NOL, applying section 172(b)3 under Rev. Proc 202024", but the two informational diagnostic messages #54060 and #54061 are still showing. Under forms, Elections, I have a General Election stating that the taxpayer hereby elects to apply IRC section 172(b) under Rev. Proc 2020-24".
Is that all I need?
Thank you
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George4Tacks
Level 15
10-03-2021
07:07 PM
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Most informational diagnostics do NOT go away. Just check the box, indicating you acknowledge the diagnostic.
Answers are easy. Questions are hard!
Answers are easy. Questions are hard!