54061

[#1]

The following diagnostic is generating: Most taxpayers no longer have the option to carryback a net operating loss. If the 2022 net operating loss is subject to carryback due to the exception for certain2022 net operating loss is subject to carryback due to the exception for certain farming losses and certain insurance companies, the election to relinquish the NOLfarming losses and certain insurance companies, the election to relinquish the NOL carryback period may be made. Even though the net operating loss may be subject tocarryback period may be made. Even though the net operating loss may be subject to carryback, it will appear on general information and will carry forward unless Formcarryback, it will appear on general information and will carry forward unless Form 1045 is completed to carryback the net operating loss.1045 is completed to carryback the net operating loss

[Strongsilence-CPA]

I can't find a CARES Act section so I think these instructions from July 2022 are outdated.