Level 15
04-08-2024
07:30 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Sounds like it created a large NOL and the tax return ends up with no income...is there withholding on the return? When withholding exceeds income, you won be able to EFile....BUT if its a 2022 NOL, it may be limited to 80% of taxable income, so you may have to make an adjustment to that NOL amount.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪