ellenabel
Level 3
I have a 2020 individual return with a CA NOL CFW from 2019 of 500K.  In 2020 there is a 1231 gain of 4 million coming from a partnership.  Lacerte automatically treats income from partnership as a business income.  Modified AGI and net business income both greater than 1 million.   Lacerte is allowing the 500K  NOL in 2020 but it should not be.
0 Cheers