In an effort to streamline your tax compliance, Corptax has automated some of the state NOL forms. Rather than entering overrides, accounts have been mapped to the forms. Make sure you review the Form Preparation Guidelines (click the book icon on a launched return) for each state calc to see if this new feature is available and for specific instructions on how to populate the form. These instructions include information on an option that must be set to have amounts flow properly. Search the solution State NOL Forms – Account Mappings and Office Templates in Knowledge Search to see the state mappings.
Do you license Corptax Office? We have also released state NOL mapping templates, which allow you to use Corptax Office to import amounts for the mapped NOL forms. Go to the Learning page of Connections and watch the recorded webcast State NOL Mapping and Templates to further assist you.