Strongsilence-C PA
Level 10
05-09-2022
03:23 PM
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You must override the amount of post-2017 NOL carryforward absorbed in 2021 so it does not exceed the 80% of taxable income limit.
The NOL absorbed must be 0 (because 80% of negative TI is 0.)
In Screen 15, for the NOLSs at issue, input a -1 in the "NOL absorbed in 2021" box. (You listed 2019 twice but I think you have a 2018 and 2019 NOL.)
Finally, review your NOL carryforward to 2022 as a self-check.
The diagnostic will go away.