Current-year net operating loss (NOL) calculation

Starting in UltraTax CS/1040-Indiana 2023, the current-year Indiana NOL calculates based on your federal data entry and amounts you enter in the
INAdj
screen. Indiana's version of Form 1045A and Schedule IT-40NOL calculate the Indiana NOL.
For information on calculating a current-year Indiana NOL in UltraTax CS 2022 and prior, visit the Help & How-To Center.
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