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Will the capital loss carryover, passive activity loss carryover, etc be tracked after conversion from another software?

PRpistol
Level 1
 
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sjrcpa
Level 15

To be safe, assume No and check all of these items on your converted clients. Accumulated depreciation, too.

The more I know, the more I don't know.

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4 Comments 4
sjrcpa
Level 15

To be safe, assume No and check all of these items on your converted clients. Accumulated depreciation, too.

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

It should but anytime you convert you have the potential for some things not coming through perfectly.

https://proconnect.intuit.com/proseries/data-conversion/


Slava Ukraini!
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Marc-TaxMan
Level 8
I would try to convert into PS 2017 from Other2017, then make sure it converted perfectly before transfer into PS 2018
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Marc-TaxMan
Level 8
I would also wait to convert PS 2017 to 2018.  Just watch here to see the bug reports!
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