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Level 4
July 17, 2023

NOL with -$2000.00 income

  • July 17, 2023
  • 1 reply
  • 8 views
 

error with NOL.

Program doesnt 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.

 

But with in taxable income but do i enter??

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1 reply

lo92677Author
Level 4
July 17, 2023

sorry 

no taxable income.   Do I enter -1.00 for example?