problemsolver20 12
Level 1
03-28-2021
05:43 PM
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Thanks, I thought that might the answer. I was hoping this issue would resolve the problem I am having preparing NOL Schedule B to attach to the 1040x. The carryover is off by the change in the itemized deductions and personal exemption amounts and I cannot seem to fix it. I added the passive loss allowed with the lower AGI and the change in taxable social security to get to the modified taxable income. The 2014 tax statement shows a lower carryover amount by the change in itemized deductions and personal exemption than the Schedule B NOL carryover prepared on the 2019 software. Any thoughts on that would be greatly appreciated.