ellenabel
Level 3
02-14-2024
07:45 PM
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Why isn't Lacerte limiting post 2017 net operating loss carry forwards to 80% of taxable income. I have a 2022 NOL carryforward that is not being limited to 80% of 2023 taxable income. Why do I have to do this manually? This should be an automated process.
The source of the net operating loss was a partnership K-1 loss from an active activity in 2022.