E-file diagnostic: Form 1041, line 15b NOL deduction
Form 1041, Deductions: If Form 1041, line 15b Net operating loss deduction has an amount, then an explanation of the computation must be attached for efile purposes.
This happens when form 1041, line 15b Net operating loss deduction has an amount but the explanation is missing.
Solution
- In Organizer, selectDeductions.
- SelectDeductions, then theDeductionstab.
- In the Allocable Deductions section, go to the Net Operating Loss section.
- In the lineNet operating lossselect the blue arrow.
- Enter theExplanation.
- Do a full recompute and recreate the e-file.
