Form 172 NOL

I have the same issue. My client has an NOL in 2024. I assume form 172 should be filed with the tax return to report the NOL. I'm not sure how the Carryforward will be handled in 2025 - does there need to be a manual entry to deduct the NOL in 2025?

I saw someone else mention this over in the Facebook PS group, said it couldnt be EFiled either, so can it be attached as a PDF?   we cant possibly be forced to mail any return with an NOL, that would be ridiculous.

@1569   can we get some information on this new form?

What's interesting is that the IRS instructions for Form 172 do not have a "Who Must File" section, like most required forms.  Is it even necessary?  I don't have any NOL's so far this year, so I haven't looked too closely.  

Well, that was interesting reading.  It's a shame that I sold my warehouse containing all of those pitchforks and torches.  Sounds like I could have sold a bunch of inventory after seeing this. 

Intuit will let us down again like in prior years. It is totally unacceptable for form 172 to not be available for filing. I have returns backed up waiting for this form which is new. Clients want their refunds and this should not be allowed to create a backlog of returns and we are supposed to check daily. Totally unacceptable for this high price software. 

Had my first one of these.  I agree with those who are questioning why was it available for Lacerte on 2/6, but Pro Series has to wait until 3/6?

Now it is showing Form 172 to not be available until after 3/20?  Is this correct??? 

Seems absurd that returns cannot be filed after the 20th of March!!!

Also, I noticed that Lacerte has had the final form since February 20th...so the excuse of waiting on a final form from the IRS is a no-go!

form 172   it was to be ready on 03/06/25 now it says 03/20/25   I have people waiting for the form like 7 clients this form was approved back in December 2024  
What's the deal  I have people waiting they cant file until form is finalized is it Pro Series???

or should we wait till April ridiculous!!!!!! it should be simple  Get this form ready Pro Series please!!!!

You will all be very very disappointed beyond belief that today March 6th, form is not ready and it says March 20. Horrible. Come on Pro series, you can do better than this. I now have to hold clients file for 2 months? that's outrageous. Get with it please. Your software is so costly, these form items should be a priority on your list! Thanks