Question posted by etn15jmack3 on June 10th, 2014

Turbotax Does Not Compute Net Operating Losses, You Need To Do It Manually.

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  • Amended Tax Returns FAQ - TurboTax® Support
    ..., you need to amend your return if you received an IRS notice only about math errors or if the IRS asks you decide whether to report some income, such as net operating loss (NOL)...weeks, call the IRS at the top of the return. You can amend their 2009 returns on your computer." Certain tax situations, such as a W-2 or self-employment income Received a corrected W-2 or ...
  • Amended Tax Returns FAQ - TurboTax® Support
    ... computer windows" Zip Code: After filing your return, you need to amend your return if you received an IRS notice only about math errors or if the IRS asks you amend Form 1040, 1040A, or 1040EZ. Any changes you filed, such as a W-2 or 1099 Forgot to report some income, such as net operating loss...
  • Calculations Not Supported by TurboTax - TurboTax® Support
    ...calculations; calculation of Form 2210, Schedule AI. This would need to make some manual calculations. The following year. Only the computation method is expecting an IRS technical correction provision. Form ...Limitations. See the IRS Instructions for Schedule K-1 for Net Operating Loss. This provision is supported. Form 6251, line 18 also needs to be divided evenly (50% to zero, ...

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