Schedule U-NOLS print requirements

To calculate and print Massachusetts Schedule U-NOLS, Member's Shared Loss Carryover:

In the Organizer
, select States
, then Massachusetts
.

Select the Combined Return Information
, then go to the Combined Report Options
section.

Make sure the line Filing combined Forms 355U (required for every member of the combined group)
is marked.

Go to Tax Forms
, select States
, then Massachusetts
.

Select Selected Options
, then go to the Filing Type
tab.

Make sure lines Financial Institution
and Security corporation
aren't marked.

Go to Tax Forms
, select States
, then Massachusetts
.

Select Unitary Report
and make sure Schedule U-NOLS (view at parent/sub)
is selected.

Make sure Line 24
has an amount.

Do a full recompute, then print the return.

This article applies to: