Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- why won't form 1045 allow me to carryback 5 years?
why won't form 1045 allow me to carryback 5 years?
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
karenlbyrne
Level 1
03-23-2022
05:25 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
when I contacted tech support, they told me to pull up the form on the IRS website and attach it as a PDF. Not cool.
Labels
1 Comment 1
rbynaker
Level 13
03-23-2022
05:59 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
There are no more 5-year carrybacks.
So either you have a 2-year farm NOL carryback or you have a 2021 NOL carryforward or you are catching up on a 2020 NOL and it's too late to use the 1045 so you have to file 1040X for the carryback year.
