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Returning Member
posted Apr 15, 2023 6:45:33 AM

Auto-Fill Not Working for K-1

I was working on my K-1 form (Form 1120-S) for a farm S-corporation.  We have passive loss carryovers from last year.

 

When I first went though the form, TurboTax autofilled many of the boxes.  But, I realized I made a mistake, so I deleted the form, and tried to start over.

 

Now, when I get to the passive loss carryover section, TurboTax is not autofilling these boxes.  How can I get it to autofill again?

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1 Replies
Expert Alumni
Apr 18, 2023 11:12:27 AM

You can't.  You'll need to review your loss carryover worksheet from your 2021 taxes to get your carryover amounts.  If the farm income qualifies as QBI, you will also need to review your Form 8995 line 16 or 17 for that loss carryover.