taxtrio Posted September 14, 2009 Report Posted September 14, 2009 I am confused about ATX NOL Carryforward worksheet. It is showing a 15 year time line for the carryforward and is trying to disallow a NOL from 1993 as not being allowed to carry forward to upcoming 2009 tax year. Everything I see on the IRS website and in Taxbook says 20 years to use up carryforward. Am I missing something? Taxtrio Quote
GeneInAlabama Posted September 14, 2009 Report Posted September 14, 2009 I'm not sure, but if I remember correctly, it SEEMS that in 1993 it was 15 years. Quote
kcjenkins Posted September 16, 2009 Report Posted September 16, 2009 That is correct. http://www.irs.gov/pub/irs-prior/i1045--1993.pdf Quote
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