ThomasM125
Expert Alumni

Get your taxes done using TurboTax

You will see an option to enter your business carryover loss when you go through the business entries in TurboTax.

First, update your business income and expenses on the screen that says Lets gather your business Info. Then edit your business entry. On the screen that says Your (name of business) Business, choose Final Details, then Special Situations

 

On the screen that says Do you have any of these other business situations? Choose I have passive activity losses carrying over from 2021.

 

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