Comment
Level 7

I'm not sure if PS is working correctly or not. However, the year of the NOL may be playing a part here.

In what year was the NOL created? Makes a big difference as to whether the 80% rule applies. NOLs prior to 2018 are still allowed in full.

So, I can't tell you if PS is set up correctly or not but pay attention to what year the NOL is from.