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Level 5
March 2, 2025

NOL Form 172 Update

  • March 2, 2025
  • 1 reply
  • 8 views

Anyone heard when the NOL new Form 172 will be released on Proseries? I have two clients I could have filed a month ago if this form were ready. The time it's taking for this to be released is ridiculous.

Anyone have a workaround?

    1 reply

    IRonMaN
    Level 15
    March 2, 2025

    Manually complete the form from the IRS website and attach as a pdf.  When converting the file for e-filing, turn off error checking.

    Slava Ukraini!
    Level 5
    March 2, 2025

    Thanks! One is a paper file, so I am just going ot ignore the error, print and mail. I was just concerned if the numbers were off, but it looks correct to me. Besides, who is going to question it this year?

    IRonMaN
    Level 15
    March 2, 2025

    You betcha!

    Slava Ukraini!