DianeW777
Expert Alumni

Get your taxes done using TurboTax

It depends.  My example will be for a partnership 1065-K1.  When you are in the K1 entry you must look for the screen with a checkbox. If it isn't checked then the page will not come up for your to enter your loss carryover.

  • 'I have passive activity losses carried over from last year
  1. Open your TurboTax return > Search (upper right) > Type k1 > Click the Jump to... Link > Select Yes > Start or Update beside your K1
  2. Continue to the screen noted above and make your selection
  3. Continue to the screen with the loses you need to enter 

Watch for any specific instruction on each screen.

 

@vinaytt 

                                 

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