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I am preparing a return for a new client who has a business interest expense limitation carryover (form 8990) from a prior year. Where do I input this amount?

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Level 11
Level 11

In the K-1 input screen, last two items in the section Line 13 Other Deductions.

Level 15

Under Miscellaneous Forms > Limitation on Business Interest Expense (8990).  Check the box for Individual subject to section 163(j) limitation, if applicable, and look for the line Disallowed business interest expense from prior years.

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