DanaL
Level 3

I know that there should NOT be an NOL, but the ProSeries Professional software keeps creating one.  If Foreign wages are 18,620 on the 2555 which carries to Sch 1 other income. Adding the other income on Sch 1 makes this net zero which is correct. 

But, NOL Worksheet shows Line 1 is negative (18,650) which is the HOH std deduction

Line 6 adds it back, but then there is ALSO

Line 7 non business income of the 18,620 

Line 24 shows a NOL of -18,620.

What am I missing? Seems the exclusion should add back the 18620 somewhere between the line 7 and line 24.

0 Cheers