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2020 FIT- loss discounting

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01-20-2021, 04:46 PM

MikeS-BWBPC MikeS-BWBPC is offline

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Join Date: Jul 2011

Location: Olean, New York

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2020 FIT- loss discounting

Are the loss discount factors updated in FIT module? The 2020 loss discount factors do not appear to agree to Revenue Procedure 2020-48? We have a similar issue tying out the 2018, 2019 loss discount factors to the relevant Revenue Procedure for those respective years.

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