Can I file an amended return for a client who had unemployment compensation, filed before updated forms were available BUT it was not taxable because of NOL?

[bzellmer]

To eliminate tax on unemployment NOL carryforwards were used, but now that unemployment is exempt, the NOLs carried forward to 2021 need to be increased.

[sjrcpa]

If nothing changes except the amount of the NOL carryforward there is no need to amend. Document the change in your file.

[BobKamman]

I think I agree with that, but documenting it in MY file isn't what's most important.  At my age, I don't buy green bananas.  Make sure it's documented in YOUR CLIENT's file.