Max W Posted July 14, 2019 Report Share Posted July 14, 2019 Client had a $100 NOL in 2017. The NOL carry back was not waived. Carrying it back to 2015 resulted in an AMT that reduce that tax by $5K. Carrying it forward, because of the new exemption amount of $500K, The 2018 taxes would be reduce by over $12,000. Is ther any remedy for this. In other words, is there any way that the waiver for 2017 be made? Quote Link to comment Share on other sites More sharing options...
Max W Posted July 14, 2019 Author Report Share Posted July 14, 2019 Correction - NOL was $100,000. Quote Link to comment Share on other sites More sharing options...
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