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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.

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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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