LINDASMITH
Level 1
02-26-2023
12:37 PM
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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. If the net operating loss comes from an estate or trust Schedule K-1, enter the amount absorbed in that screen.
I HAVE ENTERED $0 SINCE NO AMOUNT WAS ABSORBED IN 2022, BUT STILL HAVE CRITICAL DIAGNOSTIC. HOW DO I FIX THIS?
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Micibug
Level 1
04-08-2023
09:16 AM
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Did you ever figure out how to fix this? I'm having the same issue.
tetertax
Level 2
04-14-2023
03:42 PM
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Same. I need this help as well.