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2019 Corporate NOL Carryforward

Carol7
Level 1

Corporate return - NOL not carried back for 5 years and only carried forward for 2019 return.  We made the election not to carry back the NOL.  

Should we still press the button on "Apply the Coronavirus Aid, Relief, and Economic Security (CARES) Act provisions?

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2 Replies 2
sjrcpa
Level 15

I would. NOL provisions are not the only change.


ex-AllStar
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Carol7
Level 1

Thank you.  That is what I thought.

Carol

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