taxlady1976
Level 2

I am working on a return in Proseries Professional that includes a net operating loss from a prior year.  The client also has SS benefits.  Correct me if I'm wrong, but don't we need to recalculate the taxable SS benefits without the NOL in order to determine the amount of the NOL used up for 2020 and the remaining amount to be carried over to 2021?  I've been reading pub 536 as well as reviewing the prior return prepared by another firm and this looks to be how it should be done; however, I don't see where Proseries is making this calculation.  Do we have to do this manually or am I completely misunderstanding how this is to be done?

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