JackieCPA Posted July 30, 2019 Report Share Posted July 30, 2019 MN just put out on 7/29/19 that they are conforming to the 80% NOL limitation. It shows that it applies to NOL's from all years and starts for returns dated after 12/31/2017! Does this mean I have to go and amend all my C-corp and UBIT returns that used their NOL against 100% of their income? Same with fiscal years that ended in 2018? For fiscal years, can I prorate the NOL? Who puts a final draft of a tax return months after it was due?!! Quote Link to comment Share on other sites More sharing options...
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