The_AntiTax_Man
Level 8

@Just-Lisa-Now- @msmith7305 @david3 @cpaJA8 @alexroytenbergcp   

Have any of you received any new info from Intuit on this 2019, 2020, 2021 NOL C/F 80% of taxable income NOL deduction limitation issue?  

Are you entering the NOL C/F deduction limitation adjustment onto the PS "NOL Explanation Statement" tax return attachment to get the correct amount of NOL C/F deduction reported onto the current year tax return?

Then the PS program will C/F an incorrect NOL C/F amount to the succeeding year which will then need to be adjusted in the succeeding years' PS program?

Asking for everyone.....