2016 California NOL Carryback to 2014

[tkimura]

I am trying to amend CA 2014 returns using carryback 2016 NOL.  With 2014 Lacerte,  I can input "2016" as a year of loss for FED but cannot for CA.  It automatically add back the amount of 2016 FED NOL carryback in schedule CA and cannot take advantage of carryback for CA.  How should I input carryback data for CA in 2014  Lacerte?  

[sjrcpa]

@abctax55 @George4Tacks Was 2014 one of those wonky   years where CA suspended a bunch of things?

[abctax55]

I'll have to check when I get back to the office....but that's highly likely.

[George4Tacks · Accepted solution]

https://accountants-community.intuit.com/articles/1609455-net-operating-loss-carryback-for-californi...  - I believe you have to enter 2013 (or earlier) instead of 2016. This is to be paper filed, so you need to use some white out, or just cross off and change the 2013 to 2016 before mailing. 

[George4Tacks]

Maybe @Benjamin_Dickson or @Lauren Towne or @IntuitAlicia could confirm?

[IntuitAlicia]

Yes, there are a couple of years where the CA NOL input isn't as flexible as it is now, due to those years where NOL suspension period was active.  

[abctax55]

FIRST hit when googled:

https://www.google.com/search?q=CA+NOL+in+2014&oq=CA+NOL+in+2014&aqs=chrome..69i57j0j69i60l2.3886j0j...

[sjrcpa]

So easy!

[abctax55]

(lord knows *I* can't remember if/when/how many times California has changed its mind....)