mark1
Level 1
12-06-2019
07:33 PM
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Populating the NOL carryforward coming into 2018 on Schedule 1 Line 21 (Other Income Statement). Software does not appear to limit.
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IRonMaN
Level 15
12-06-2019
07:33 PM
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But it's only January so the software isn't completely functional yet.
Ukraine - hang in there
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IRonMaN
Level 15
12-06-2019
07:33 PM
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But it's only January so the software isn't completely functional yet.
Ukraine - hang in there
abctax55
Level 15
12-06-2019
07:33 PM
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Are you asking about ProSeries software, or Proconnect Tax Online?
They are different critters; but I don't think either one is ready for prime time yet. I *would* anticipate that both will do the computation & limitation when the software updates are completed.
Tax software is no substitute for a good tax professional
mark1
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12-06-2019
07:33 PM
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Proseries software. Thanks.