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

Can Form 6251 worksheet be substituted for the ATNOLD Worksheet?

david3
Level 7

I am filing Form 1045 to claim a 2020 NOL carryback to a client's 2015 tax return.

Since PS doesn't include the ATNOLD worksheet to enclose with Form 1045 when filing a NOL carryback, I am considering including the 2015 F 6251 worksheet that includes the ATNOLD calculation for line 11 F 6251.

Has anyone had a problem doing this when filing a NOL carryback?

If this isn't acceptable then does anyone have a better option than creating the ATNOLD worksheet in excel? 

Also, it appears that the Other Income Statement in PS only has a line for a NOL carryforward. Can this line also be used for a NOL carryback? I manually entered the NOL carryback on the open lines on line 17 "Other taxable income". However, this results in an error on F 6251 line 10, NOL from line 21 since I have to override that line to have the NOL carryback number appear. 

Thank you.

 

0 Cheers