Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

2024 New Client with NOL from prior years from rental income

sototaxspot
Level 1

Does anyone know how to enter prior year losses in 2024 proseries.  All the losses are from rental income schedule E.  

Please advise.  

 

0 Cheers
1 Comment 1
TaxGuyBill
Level 15

Are they passive losses?

On the Schedule E worksheet, keep scrolling down.  There are a million different things down there.  Somewhere in that mess is a place to enter Passive Loss Carryovers from the prior year.