Schedule U-NOLS print requirements
To calculate and print Massachusetts Schedule U-NOLS, Member's Shared Loss Carryover:
- In theOrganizer, selectStates, thenMassachusetts.
- Select theCombined Return Information, then go to theCombined Report Optionssection.
- Make sure the lineFiling combined Forms 355U (required for every member of the combined group)is marked.
- Go toTax Forms, selectStates, thenMassachusetts.
- SelectSelected Options, then go to theFiling Typetab.
- Make sure linesFinancial InstitutionandSecurity corporationaren't marked.
- Go toTax Forms, selectStates, thenMassachusetts.
- SelectUnitary Reportand make sureSchedule U-NOLS (view at parent/sub)is selected.
- Make sureLine 24has an amount.
- Do a full recompute, then print the return.