sharpcougar
Level 3
09-17-2022
07:00 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
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?
Best Answer Click here
Labels
1 Best Answer
Accepted Solutions
Just-Lisa-Now-
Level 15
09-17-2022
09:46 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Scroll down the Sch E worksheet, you'll find a place to input the carryovers for each property
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
4 Comments 4
TaxGuyBill
Level 15
09-17-2022
07:30 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
What type of activity? For example, a rental on page 1 of Schedule E? From a K-1? Something else?
sharpcougar
Level 3
09-17-2022
07:35 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
She owns 2 rental properties.
sharpcougar
Level 3
09-17-2022
07:35 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Schedule E
Just-Lisa-Now-
Level 15
09-17-2022
09:46 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Scroll down the Sch E worksheet, you'll find a place to input the carryovers for each property
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪