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Get your taxes done using TurboTax
This is still an issue in April 2023! I cannot figure out how to carryover losses previously not allowed due to basis limitations. I can complete Form 7203 in the desktop Home and Business version, but online TT Premium version doesn't support it. However, the inputs on Form 7203 don't change anything in Schedule E and if I manually override Schedule E to input the "PYA" loss (as per IRS instructions for Schedule E), then I cannot e-file the form because it is read as an error. I started a new thread with this issue. Appreciate any help!
‎April 7, 2023
7:38 PM