Solved
Net Operating Loss Limitation
I am preparing a return for a taxpayer who had a farm net operating loss generated in 2018, some of which will be carried back to 2016 and 2017 and then the balance carried forward to 2019. Lacerte does not seem to be applying the 80% taxable income limitation. Is there a different way to enter the nol or does something need to be marked to have the limitation applied?
