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[#1]

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.

[sjrcpa]

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