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- Re: why won't form 1045 allow me to carryback 5 years?
why won't form 1045 allow me to carryback 5 years?
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karenlbyrne
Level 1
03-23-2022
05:25 PM
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when I contacted tech support, they told me to pull up the form on the IRS website and attach it as a PDF. Not cool.
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rbynaker
Level 13
03-23-2022
05:59 PM
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There are no more 5-year carrybacks.
So either you have a 2-year farm NOL carryback or you have a 2021 NOL carryforward or you are catching up on a 2020 NOL and it's too late to use the 1045 so you have to file 1040X for the carryback year.
