Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

990-T Five Year NOL Carryback

lovebooks
Level 2

I need to amend a 2015 990-T to carry back 2019 and 2020 net operating losses.  Intuit does not appear to have updated the 2015 software to accommodate the new five year carryback.  2016, 2017, and 2018 are the only years available for selection.  I have never done an amended 990-T for an NOL carryback, so am not absolutely positive I am in the right screen to do so.  We checked for any new update and there isn't one.  Is there a workaround?

Labels (1)
0 Cheers
1 Solution

Accepted Solutions
sjrcpa
Level 15

You'll have to file this on paper anyway, so prepare using the oldest year the software will accept.

Then manually change it before mailing.

The 2015 software will not be updated.

 


ex-AllStar

View solution in original post

3 Replies 3
sjrcpa
Level 15

You'll have to file this on paper anyway, so prepare using the oldest year the software will accept.

Then manually change it before mailing.

The 2015 software will not be updated.

 


ex-AllStar

View solution in original post

lovebooks
Level 2

Thank you!

sjrcpa
Level 15

You're welcome.


ex-AllStar
0 Cheers