I am trying to submit my AZ state corporate taxes which are required to be e-filed - and due tomorrow. (PS I called this morning and their "fix" did not help - which was to clear cookies and when that didn't work - to reload the software) The Net Operating Loss Carryover form has a glitch in the logic and I believe it is the reason I am unable to submit my form. I get this message:
NOL prev used 2017 cannot be larger than origional (yes that is how it's spelled) loss amount
(I get the same messages for 2015 and 2016 as well)
Tax Year NOL Incurred NOL Used Previously NOL Available Currently etc.
2015 -128,004 -41,034 -86,970
2016 -35,091 0 -35,091
2017 -11,205 0 -11,205
2018
2019
Keep in mind these amounts were pre-populated by the software. In the literal sense of the word 0 is greater than -11,205 or -35,01 but the amount used is not greater than the original loss in any of these years. So it keeps doing a circle where it needs a little bit more information before I can e-file and then it goes back to these screens and than acts like it will e-file again, but then goes back to these screens. I also can't print and mail, because it says that e-file is required for Arizona. and it won't let me print Not sure what to do as I can't get these submitted either way and this worksheet seems to be what is blocking that from happening (which is frustrating since I am not using any of the carryover loss this year).
