I prepared a 2018 Sub S return for California on Lacerte. Lacerte in their diagnostics says file an amended 2016 California return to carryback the loss. However when I go to the 2016 Lacerte Program there is no way that I have found to enter the change of income.
Does Lacerte just not do California Sub S amended returns ?
The only way to do it is "cheat". Show it as a carryover from 2015 to get the NOL onto the 3805Q return. Alternatively enter it in Screen 44 as an "other adjustments" and use the wording from the instructions below “2018 NOL carryback deduction”.
The corporation claims the NOL carryback
by amending the 2016 and/or 2017 tax
return using Form 100X, or Form 109,
California Exempt Organization Business
Income Tax Return. Note: If the corporation
will claim the NOL as a carryback in any of
the previous two years, the corporation will
first file the applicable 2018 tax return and
attach the completed 2018 form FTB 3805Q
to the tax return. After the 2018 tax return is
filed, the corporation will file the amended
return for 2016 and/or 2017 to claim the
NOL carryback deduction and provide the
following explanation on Form 100X, Part V,
line 2, Explanation of Changes: “2018 NOL
carryback deduction”. For amended Form 109,
attach a statement and provide the following
explanation: “2018 NOL carryback deduction”.
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