Skip to main content
Level 10
February 18, 2025
New

CA NOL used up but 3805V still present

Related products:Lacerte
  • February 18, 2025
  • 0 replies
  • 2 views

Admission that I don't know the specific rules about CA eligible small businesses (ESB).

Preparing 2024 individual tax return.  The ESB NOL from 2021 was used up in 2022, evidenced by 0 in Col H of Part III.  I don't think it should appear for 2023.  It is still here in the 2024 Form 540.  Why?  

I think Form 15.011 might need a fix.  Maybe a Delete Next Year button?