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Passive Carrforward

sharpcougar
Level 3

I have a new client that has passive losses carryforward from 2020. I've been struggling to find out where to put them in ProSeries. I'm sure there is a box for them similar to capital gains carryforward but can't seem to find them. Thoughts?

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Accepted Solutions
Just-Lisa-Now-
Level 15
Level 15
Scroll down the Sch E worksheet, you'll find a place to input the carryovers for each property

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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4 Comments 4
TaxGuyBill
Level 15

What type of activity?  For example, a rental on page 1 of Schedule E?  From a K-1?  Something else?

sharpcougar
Level 3

She owns 2 rental properties. 

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sharpcougar
Level 3

Schedule E

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Just-Lisa-Now-
Level 15
Level 15
Scroll down the Sch E worksheet, you'll find a place to input the carryovers for each property

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪