208Accountant
Level 3
06-17-2020
11:10 AM
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I am doing a 1045 for a loss incurred in 2018 that can now be carried back 5 years with the new CARES Act provisions. The loss will be fully absorbed in the 5th preceding year, 2013. What year of Lacerte would I need to use to generate the 1045? The client was new in 2018, but I have the 2013 return completed by their prior Accountant. This is the first time I have done a 1045, so unfamiliar with the process.