Form 8582

[taxtime527]

Anyone else having trouble with Form 8582?  More specifically, the unallowed carryover losses from 2024 are not correct when they transfer to 2025?

The client I am working on used $25k of carryover losses in 2024.  Instead of the "initial" amount minus the $25k being carried over to the 2025 Form 8582, the initial amount is showing in Part IV, column C, therefore overstating the loss by $25k.

[sjrcpa]

Which software?

[taxtime527]

ProSeries Professional

[IntuitKate]

Hi @taxtime527  If you'd like us to take a second look, you can submit a Calculation Challenge Request. Here's how: Submission requirements when challenging a calculation in ProSeries