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stwax
New Member

Where do I enter At Risk amount in Turbo Tax from an S Corp?

I have an S Corp (LLC). I have a loss in 2018. I already know my At Risk amount but not sure where to enter it. Is the At Risk amount the same as "I have at Risk losses carrying over from 2017" in the Other Situations section of the K1 section?

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2 Replies
rojax73
New Member

Where do I enter At Risk amount in Turbo Tax from an S Corp?

look for K1 form
stwax
New Member

Where do I enter At Risk amount in Turbo Tax from an S Corp?

Thanks for you quick response. I had determined it was in the form K1 as I was in the K1 section when I received the message in my post above. My question, more specifically is - the Other Situations section (in the K1 section) says: "I have At-Risk losses carrying over from 2017". When I select that option, it takes me to the At-Risk Limitation Allocation Worksheet. Do I enter my At-Risk amount here? And, if so, which line? OR, do I not select the "I have At-Risk losses carrying over from 2017" because when I don't select it, it takes me to the option to choose Simplified or Detailed method for entering the At-Risk amount.
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