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Level 2
March 3, 2021
Question

Where to I enter loss for Georgia

  • March 3, 2021
  • 1 reply
  • 10 views

I have a client with an NOL carryforward for Georgia.  The utilization amount needs to be entered on line 15b of her return but I can't find in Lacerte where to enter the amount to make it show up on the 500.  I've already filed the 500-NOLs for the previous years, I just need to get the amount that I want to use to show up on her return this year.

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1 reply

George4Tacks
Level 15
March 5, 2021

I think Screen 57 will have what you need. 

Answers are easy. Questions are hard!
maeleeAuthor
Level 2
March 9, 2021

Can you tell me where on that screen?  I've gone through the NOL portion and nothing I'm doing is pushing the information onto the tax return on line 15b (NOL Utilized).  I appreciate your help!