Skip to main content
Level 3
May 5, 2021
Question

Where on the 1040 do you deduct S Corp suspended losses from prior years?

  • May 5, 2021
  • 4 replies
  • 16 views
No text available
This topic has been closed for replies.

4 replies

sjrcpa
Level 15
May 5, 2021

The same place you would for current year losses that are not suspended.

The more I know the more I don’t know.
Tenn JeffAuthor
Level 3
May 5, 2021

Thus, you would show on Schedule E or would you show as an NOL?  Just trying to get the "box" like the govt folks!

sjrcpa
Level 15
May 5, 2021

Schedule E

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