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California Individual NOL carryover

Ember123
Level 4

Regarding Eligible Small Business losses incurred on or after 1/1/2008, why does Lacerte drop the loss carryover after 10 years rather than carrying it 20 years, per the Instructions to FTB 3805V ?

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1 Comment 1
George4Tacks
Level 15

You are second person to report this. @IntuitBettyJo could you confirm Lacerte is aware of this unexpected behavior?


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