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Thanks for the reply, but my question is for documenting the carry forward amount remaining; Seems I am still missing something.
From what you are saying, the $2200 remaining NOL carryover to 2013 is NOT DOCUMENTED anywhere on my 2012 Form 1041?
If so, this means that the full ($7000) 2012 NOL from Schedule E, line 26 is transferred to the Trust 1041 line 5, carried down with other deductions, and then just stops at line 22, Taxable Income.
The (modified) NOL deduction is then used on Form 1045 to figure carry back amounts, and the remaining $2200 just...stops at line 10 on the 1045 after the 2011 tax year. This is what seems so odd; why is this not then documented elswhere? And how will the IRS know where my 2013 NOL carry forward amount of $2200 came from when I file for taxes next year?
Lord this is a pita. Thanks for your answer sir.