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

Tenn Jeff
Level 2
 
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4 Comments 4
sjrcpa
Level 15

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

The more I know, the more I don't know.
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Tenn Jeff
Level 2

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

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sjrcpa
Level 15

Schedule E

The more I know, the more I don't know.
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dkh
Level 15

No not as an NOL    Schedule E page 2 has a place to check - Line 27 - that you are deducting prior unallowed loss