I had a 2022 new customer with Prior years' unallowed losses. I couldn't find any direct entry for the 8582 Par I, line c "Prior years' unallowed losses." My workaround was to create a 2021 prior year return with rental loss to match the 8582. I created 2022 based on 2021 where the "Prior years' unallowed losses" calculation was correct.
What would be your take on this?
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I routinely recreate the prior year return for new clients in order to get the carry forward correct. Nothing like trying to clean up the AMT version three years down the line because it got missed on the original setup and the client wasn't initially in AMT!
I routinely recreate the prior year return for new clients in order to get the carry forward correct. Nothing like trying to clean up the AMT version three years down the line because it got missed on the original setup and the client wasn't initially in AMT!
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