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Can i file a tax carry back loss on NOL for NYS, i owe for
can i file a tax carry back loss on NOL for NYS, i owe for 2014 and had a NOL of $7800 for 2016 … read more
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IRS Tax Question: I am not sure if this NOL is being
IRS Tax Question: I am not sure if this NOL is being calculated correctly. Specifically, I am not sure whether the mortgage interest and real estate interest (or charitable contributions) should be fa… read more
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1045 and an amended tax return. 2015 tax return had a $ 248K
1045 and an amended tax return.2015 tax return had a $ 248K NOL. I prepared the 2015 tax return and a 1045 to carryback the loss back two years. All of the loss was used up on the 1045.In preparing th… read more
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Decedent died in 2009. Reverse mtg was paid in full by
Decedent died in 2009. Reverse mtg was paid in full by estate in 2014. The estate also manages an apt building with profit of $30k in 2014. The reverse mtg interest was $80k. What happens to the exces… read more
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Tax Experts NOL carryover and 2014 was a loss year with NOL
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Oh, I had a loss from a sale of a business in 2015 and my
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I have a question regarding casualty losses. Status: Married
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Can I amend my 2014 tax to include announcing to carry
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Stephen,I have an NOL filing question. I have a single
Hi Stephen,I have an NOL filing question. I have a single member LLC who files a ;Schedule C. He has an NOL in 2013 and 2014. I know time has lapsed for filing a 2013 loss carryback. So I plan to file… read more
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I'm completing my son's 1040 year, but have a NOL to carry
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I'm ***** *****. My wife and I, joint return filers, had a
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Last year I sold a rental property in CT. There was a paper
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NOL issue... 2013 NOL created carry forward to 2014 then
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Hi, Arthur. We sold a rental property for a loss in Dec. 2013
Hi, Arthur. We sold a rental property for a loss in Dec. 2013 and I am trying to apply for the refunds in 2011 and 2012 due to the NOL. I filed the form 1045 but need help with the recalculated forms … read more
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I filed form 4797 in 2012 and it carried a loss to line 14
I filed form 4797 in 2012 and it carried a loss to line 14 of my 1040 greater than my income. I appear to have a NOL, but do not know how to carry back the loss to previous years or carry it forward. … read more
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I have a client that has a Net operating loss carryforward
I have a client that has a Net operating loss carryforward from 2010 to 2011 on their 1040 as a result of losses from an S-corp. Line 22 of the 2011 1040 shows a loss as well as line 37. What line do … read more
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Im renting a room in the Condo that I own and live in. Im
I'm renting a room in the Condo that I own and live in. I'm reporting it on Sch.E. I'm not a real estate Pro. I probably qualify as actively participating and selected that. This is the first year I'v… read more
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