Question
NOL CARRYOVER LIMITATION
NOL #1: The program doesn't automate the limitation of post-2017 net operating losses to 80% of taxable income, before taking into account any NOL deduction. You must override the amount of post-2017 NOL carryforward absorbed this year so it does not exceed the 80% of taxable income limit. If the net operating loss comes from an estate or trust Schedule K-1, enter the amount absorbed in that screen.
I HAVE ENTERED $0 SINCE NO AMOUNT WAS ABSORBED IN 2022, BUT STILL HAVE CRITICAL DIAGNOSTIC. HOW DO I FIX THIS?
