LarryM1
Level 1
09-07-2024
01:21 PM
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I need to enter the loss carryforward from the prior year on line 3 of form 8995 and I don't know how to do it. I would appreciate your help.
Thanks,
abctax55
Level 15
09-07-2024
01:48 PM
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In Lacerte (PTO's big sister..) it's in the same screen as NOL's.
Maybe @George4Tacks will wander by as he speaks PTO
HumanKind... Be Both
George4Tacks
Level 15
09-07-2024
04:32 PM
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Use the form as your guide to input. Check Return > Forms > All > US > put the form number in the search > Find the form and then notice on the line you want it is shaded in blue. Click that line and VOILA! the input, she is there!!!!
Yes, it is in Federal Net Operating Loss > Qualified Business Loss Carryovers > first input line
Answers are easy. Questions are hard!
