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You are correct, 2555 should not create an NOL. Line 8 shows as - $16,022, so this pushes the AGI to -$16,022. But this is not correct? Again, the $16,022 (the ...
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Is there a way to suppress/remove the NOL when the NOL is being caused by form 2555. The client does not have any other income and they qualify on the basis of ...
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Hello everyone. I have a client who I prepared an 1120-S, e-filed it, and it was rejected. The reason for the rejection is as follows "The return type indicated...
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Intuit actually told me to go to "update Ackknowledgement" under e-file options, from there I updated, and it showed as "rejected" so it let me resent them agai...
