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Level 1
October 9, 2025

619

  • October 9, 2025
  • 1 reply
  • 5 views

The following diagnostic is generating:

S-Corporation # {PrefixNum} : AMT prior year passive losses have not been entered.

Solution:

Note: Record the S-Corp number listed in the diagnostic.

Option 1: From the Diagnostics tab

  1. Open the Diagnostics tab.
  2. Click the diagnostic message for the S-Corp.
  3. Enter the amount in AMT > Ordinary or rental loss.

Option 2: Navigate directly

  1. Go to Screen 20.2 Passthrough K-1s – S Corporation.
  2. Select the S-Corp referenced in the diagnostic.
  3. Scroll toPrior Year Unallowed Passive Losses > AMT > Ordinary or rental loss and enter the AMT amount.

1 reply

sjrcpa
Level 15
October 10, 2025

So enter the AMT prior year passive loss carryovers. They may or may not be the same as the ones for regular tax.

The more I know the more I don’t know.