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- NOL and Excess Business Loss Nightmare
NOL and Excess Business Loss Nightmare
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msmith7305
Level 7
11-20-2022
02:35 PM
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Well, will the nightmare continue for 2022?
Will ProSeries provide a NOL Carryover Worksheet that breaks out the NOL Carryovers by tax year? And properly figures the correct application of these?
Will ProSeries provide Form 461 Limitation on Business Losses?
Or are we going to have to jimmy the program around to report these correctly again?
I'm not holding my breath. How about you?
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2 Comments 2
Ephesians3-14
Level 8
11-20-2022
03:26 PM
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Here's to "hoping"!
TaxGuyBill
Level 15
11-20-2022
04:21 PM
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I received an email from Intuit a week or two, and the title of it said something like "What's new for ProSeries 2022".
But then when I looked at it, it just a bunch of 'features; in the 2022 software, but nothing looked "new", except maybe a slight change to e-Signatures. In other words, it seems like Intuit is saying they didn't add anything new for 2022.
