taxtime527
Level 3
‎03-04-2026 08:22 AM

Anyone else having trouble with Form 8582?  More specifically, the unallowed carryover losses from 2024 are not correct when they transfer to 2025?

The client I am working on used $25k of carryover losses in 2024.  Instead of the "initial" amount minus the $25k being carried over to the 2025 Form 8582, the initial amount is showing in Part IV, column C, therefore overstating the loss by $25k.

 

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sjrcpa
Level 15
‎03-04-2026 09:50 AM

Which software?


The more I know the more I don’t know.
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taxtime527
Level 3
‎03-04-2026 05:57 PM

ProSeries Professional

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IntuitKate
Moderator
Moderator
‎03-07-2026 03:59 PM

Hi @taxtime527  If you'd like us to take a second look, you can submit a Calculation Challenge Request. Here's how: Submission requirements when challenging a calculation in ProSeries

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