Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

how do I do a nol carryback from 2020 to 2018 on a 1040 client on lacerte

emcpa
Level 2
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Comment 1
George4Tacks
Level 15

NOL carryback is 5 years. You either use 1040X or 1045. You need to recreate the years of carryback and enter the NOL into them to see what the impact is. 

https://proconnect.intuit.com/community/individual/help/how-do-i-generate-form-1045-application-for-... may get you started. 

https://proconnect.intuit.com/community/individual/help/entering-an-nol-carryback-from-a-1045-in-pri... is what I think is the answer to your original question

 


Answers are easy. Questions are hard!