Question
2020 Net Operating Loss (CARES Act)
Hi All,
This one is making me a bit nuts since it should be simple.
2020 1040 has 300k NOL (both regular and AMT).
We want to prepare and Amended 2015 tax return as part of 1045 package. This helps create an "after" the NOL 2015 1040.
In 2015 Lacerte, Screen 15 Net Operating Loss, there is no option to enter 2020 in the "Year of Loss" field. It is telling me I must enter a 1993-2018 year.
Does anyone have a suggestion or work around to do this? Thank you!
