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- Will Lacerte be updating years 2014 - 2015 to handle the new Form 1045 procedures? 2014 and 2015 software requires NOL only up to 2018
Will Lacerte be updating years 2014 - 2015 to handle the new Form 1045 procedures? 2014 and 2015 software requires NOL only up to 2018
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JFG
Level 2
06-12-2020
05:24 AM
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I am trying to carry back an NOL from 2019. I can absorb it all in 2018 but the new rules imply that I have to go back 5 yrs and work forward until the NOL is used. When I try to enter the NOL in either 2014 or 2015, there is a message saying I can't enter an NOL year later then 2018. My software says that I am on the current version for both years.
What year do I start with for a 2019 NOL? 2014 or 2015?
In addition, before learning of the new regs, I was able to absorb the enter NOL in 2018. However, lines 10 - 15 do not print on the Form 1045.
What year do I start with for a 2019 NOL? 2014 or 2015?
In addition, before learning of the new regs, I was able to absorb the enter NOL in 2018. However, lines 10 - 15 do not print on the Form 1045.
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