MicheleLB
Level 2
02-26-2024
06:59 PM
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If you choose the "Current Year NOL" button on screen 15 there are places to override the amounts on the IA Form 124 to account for the correct federal carryover. I'm trying to figure out how to populate the IA NOL on Part II of this form. Line 4 should be the income attributable to Iowa, there isn't a place to override this amount and it's not calculating correctly.