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Entering Form 1045 Application for Tentative Refund with Five-Year carryback

mikejuby369
Level 3
I'm trying to complete a Form 1045, but the CARES act expanded the carryback period to 5-years. The input in ProConnect only allows three years. I can't use all of the NOL in the three oldest years. How do I input the next year for carryback purposes?
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2 Comments 2
abctax55
Level 15

Lacerte is PTO's big sister, but see if George's answer here helps:

https://proconnect.intuit.com/community/lacerte-tax-discussions/discussion/re-how-do-i-prepare-a-5-y...

"Tax software is no substitute for a professional tax preparer"
mikejuby369
Level 3

I figured it out (finally!). Create a second 1045 and check the box "Supplement (skip lines 1 through 9)" on the second input page.