Tax & Accounting Blog

Enhancements to Form 1045 and Net Operating Loss Data Entry in 2013 UltraTax CS

CS Tax & Asset Management Solutions April 14, 2014

In UltraTax CS 2013, data entry for Form 1045, Application for Tentative Refund, has moved to separate screens for simpler data entry. Use the input screens located in the new 1045 & NOL folder to produce an application for tentative refund and to manage prior year carryover information.

Note: When completing an application for tentative refund, UltraTax CS requires input of data from recomputed prior year returns in order to complete the After Carryback columns of Form 1045.

More Info?
Refer to this article in our Help & How-To Center for a comprehensive walkthrough of data entry required for Form 1045: 1040 – US: Overview of NOL Carryback Data Entry