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Level 1
December 7, 2019
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A partnership has more than 5 years of NY City NOL carryforwards but input screen has only Years 1-5. Does anyone know if I can input more than 5 years?

  • December 7, 2019
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Best answer by sjrcpa

From "Instructions for Form NYC-NOLD-UBTP - 2018"

The schedule allows for up to five (5) loss years. If the current year’s net operating loss deduction is derived from more years, please complete and attach separate schedule(s)

1 reply

sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

From "Instructions for Form NYC-NOLD-UBTP - 2018"

The schedule allows for up to five (5) loss years. If the current year’s net operating loss deduction is derived from more years, please complete and attach separate schedule(s)

The more I know the more I don’t know.