dpatterson1171
Level 3
3 weeks ago
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2024 the IRS reporting rules changed for reporting form 172 (NOL) and the fact that it can be done, mistake or not, and make us happy should be a reason to keep it.
I'm not a harsh person at all but this will come up more and more for the BASIC users as the dive into their clients' files. I am already doing that proactively to save time during tax season. and this is how I am across this message in file review. Filling out manually and attaching as a pdf is both time consuming and not practical for what we pay. I did go back into 2024 and form 172 parts 1 and 2 were there and used.