Just-Lisa-Now-
Level 15
Level 15

I rarely have any NOLs, and I know they made changes last spring with the CARES Act so Im not up to date on whats correct anymore... this was posted in the PS group., can someone confirm is this an issue with the program?

 

2020 election to waive NOL carryback re: 2018 & 2019 per the CARES Act - ProSeries does not provide for this in the NOL election; they only allow for waiving a 2020 NOL. This is a critical issue;

I assume that the election will still be valid if we attach a written election.


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