HOPE2
Level 9
01-31-2022
01:15 PM
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I have checked 2019 and 2020 client return and tax preparer did not make "Waive the Carryback" election to Forego section 172. Taxpayer does not want to use carryback at all since nothing income before 2019. For 2021 he has enough income and want to use NOL from 2019. That is why I need a help moving forward.