Client has NOL carryforward. Originated in 2018. Carrying forward to 2021. Limited to 80% taxable income.

ProConnect carries forward the correct NOL. However, it includes the FULL NOL on Schedule 1, which is incorrect.

Then, it generates this critical diagnostic: "NOL #1: The program doesn't automate the limitation of post-2017 net operating losses to 80% of taxable income, before taking into account any NOL deduction. You must override the amount of post-2017 NOL carryforward absorbed this year so it does not exceed the 80% of taxable income limit."

After calling ProConnect, if you can even manage to understand anyone these days at Intuit with their headsets and work locations, (we had a hard time), and establishing that ProConnect has zero knowledge or care over forcing a critical diagnostic and manual calc, here's what I came up with as a workaround:

1: complete tax return

2: delete the NOL carryforward amount from the "Carryover available in 2021" field.

3: go back and see what 2021 taxable income is without use of the NOL.

4: take 80% of the 2021 taxable income and enter it into the field "NOL absorbed in 2021."

5: go back and enter the total NOL carryforward in the "Carryover available in 2021" field.