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NOL Election not to carry back


🔍 NOL Election not to carry back

SureFire will automatically assume that the Net Operating Loss (NOL) is being carried forward unless you complete the carryback information on Form 1045.

📊 Step-by-Step Guide

Step 1: Open the Election Explanation form

Click Add Form/Display List, select the Election Explanation form, and open it.

Step 2: Enter or paste the election statement

On the form, press F1 for a cut-and-paste election statement, or type your own.

Step 3: Attach to paper returns (if mailing)

This form is included in e-files. If you are mailing your client's return, attach the statement to the paper return.

📞 Still Need Help?

If you are having trouble, contact our support team:

Phone: 1-800-516-9442

Or submit a support ticket



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