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Level 2
November 16, 2021
Question

When entering NOL Carryback to 2015 from year 2020, why do I get the error message - cannot exceed 2018 - under the Year of Loss.

  • November 16, 2021
  • 1 reply
  • 6 views
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1 reply

sjrcpa
Level 15
November 16, 2021

Because they didn't update the 2015 software for the change to 5 year carryback.

The more I know the more I don’t know.
SheenAuthor
Level 2
November 16, 2021

Thank you!

George4Tacks
Level 15
November 16, 2021

It is not an efile, so you can ignore the error. This will be a paper return to attach to either 1045 or 1040X

Answers are easy. Questions are hard!