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Level 2
posted Apr 10, 2023 8:49:28 AM

Completing a Final Review. I received a flag for Schedule C passive loss carryover saying the number has to be 0 or negative. Do I just change the number to a negative?

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1 Replies
Expert Alumni
Apr 10, 2023 10:34:38 AM

Yes, your loss carryovers should be entered into the system as a negative number.