Screen FLSRLY - Florida Separate Return Limitation Years (1120)

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Limitation Years

Preceding Tax Year
The application uses the information entered in these fields to calculate the net operating loss and capital loss carryover amounts for consolidated returns. Enter
X
next to each preceding year for which a separate return was filed.

Member's Cumulative Contributions

Member’s cumulative contribution to consolidated taxable income (Force)
Enter an amount in this field, including
0
(zero), to change the amount calculated by the application. If this field is blank and the member incurred a NOL in a separate return limitation year, the application automatically calculates the member’s cumulative contribution to consolidated taxable income on the member’s FL Net Operating Loss Carryover Worksheet.
Member’s cumulative contribution to consolidated capital gain (Force)
Enter an amount in this field, including
0
(zero), to change the amount calculated by the application. If this field is blank and the member incurred a capital loss in a separate return limitation year, the application automatically calculates the member’s cumulative contribution to consolidated capital gain net income on the member’s FL Carryover Worksheet.

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