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- Urgent! NOL Carryforwards limited to 80% of taxable income for individuals. Proseries does not calculate this limitation, please fix!
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Urgent! NOL Carryforwards limited to 80% of taxable income for individuals. Proseries does not calculate this limitation, please fix!
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Urgent! NOL Carryforwards limited to 80% of taxable income for individuals. Proseries does not calculate this limitation, please fix!
Urgent! NOL Carryforwards limited to 80% of taxable income for individuals. Proseries does not calculate this limitation, please fix!
Submitted by Stumpedagain on 02-11-2022 04:59 PMProseries Professional is refusing to efile a return because the total income is less than the refund. Error happens because Proseries is deducting the entire NOL Carryforward without regard to the 2021 80% of taxable income limitation. Please fix this, need to file a return.
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This idea is Under review for TY24 and potentially later versions of TY23. Thanks for your votes and leaving your comments below.
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