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Level 2
March 13, 2026
New

Proseries needs to handle the 80% limitation on NOL carryovers for individuals

Related products:ProSeries
  • March 13, 2026
  • 4 replies
  • 5 views

It boggles my mind that Proseries does not yet handle the 80% limitation on Net Operating Loss Carryovers for the 2025 tax year.  Drake software handles this, Tax Slayer handles this, yet Proseries refuses to get on board with this tax law provision that was passed years ago.  Come On!!!  Step Up Proseries and handle this, along with the Business Loss Limitations as well.  I have spent hours reading on how to calculate the 80% limitation because Proseries doesn't even tell me this, then how to I enter the limitation in Proseries?  Cannot override or I cannot efile.  Proseries costs me $8k plus a year, and doesn't help me in March/April when I really need it.  I am so tired of Proseries being THE LAGGUARD tax software out there.

4 replies

The_AntiTax_Man
Level 7
March 13, 2026

@Renee Solinger  yes, this and many other things.

 

 

 

 

ProSeries:  Hard to Use. Easy to beat.

Just-Lisa-Now-
Intuit Community Champion
March 13, 2026

you can override and then turn off error checking at Conversion, but I feel like theres another place you can edit that you dont have to override...I haven't had any of these yet this year to go look at.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 2
March 13, 2026

Thank you Lisa, but I feel that for $8000+ a year, I should not have to work this hard.  Proseries does not handle the 80% NOL limitation for individuals, they do not handle the Excess Business Loss Limitations, they do not handle Excess Business Interest/Form 8990, these are just off the top of my heads, there is probably more.  If I was not three years out from retirement, I would switch to a tax software that is more dedicated to keeping up with the Tax Law.  If an obscure tax software Tax Slayer can handle this more complicated stuff, why can't Proseries?  Obviously it is because Proseries chooses NOT TO.  I am so disappointed with Proseries this year.

Level 15
March 13, 2026

Intuit isn't good at math, which is why they are hesitant to multiply something by 80%.

ProSeries and TurboTax are based on the same "tax engine".  TurboTax does not deal with NOLs, which means Intuit does not give a crap if ProSeries handles it well.