Announcement

Collapse
No announcement yet.

1040 returns with NOL carryovers?

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
  • ATSMAN
    replied
    I feel bad for these taxpayers. They had a failed business carrying forward large NOL, they are in debt now. Creditors are hounding them. One 68 year old is working as a janitor at the Boys and Girls club to pay bills. If I have to amend the charges will be minimal to cover my costs.

    Leave a comment:

  • Lion
    replied
    Desperate enough to pay you to amend?!

    Leave a comment:

  • ATSMAN
    started a topic 1040 returns with NOL carryovers?

    1040 returns with NOL carryovers?

    It appears IRS has yet to release the NOL worksheet for carryovers. How are you dealing with clients that have NOL carryover but must file because they are in desperate need of the refund?

    I have 2 clients in this situation and they are not at all happy with the delays.
    Tags: None
Previous template Next

Disclaimer

Collapse

This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

Working...
X