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    There is no forego NOL carryback check the box button in 2018 Lacerte for C corp.

    pmhsu
    Level 1
     
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    sjrcpa
    Level 15

    New tax law eliminated the carryback so there is no need to elect out of it.


    The more I know the more I don’t know.

    View solution in original post

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    3 Comments 3
    sjrcpa
    Level 15

    New tax law eliminated the carryback so there is no need to elect out of it.


    The more I know the more I don’t know.
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    IRonMaN
    Level 15
    So when do you think they will update the software for that :laughing::laughing:

    Slava Ukraini!
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    George4Tacks
    Level 15

    EIther trust the software you spent so much money on, or research the issue and use Ctrl + L to send the return to Lacerte with a short note as to the problem.

    https://www.irs.gov/publications/p536


    Answers are easy. Questions are hard!
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