dev145
Employee Tax Expert

Get your taxes done using TurboTax

Hi, 

 

Once you enter prior year carry over passive losses, TurboTax will automatically apply passive income from this year to carryovers and if there are still carryovers left, it will report them properly as carry forwards and  if you use TurboTax next year, info. will be imported automatically. You will not have enter them again next year.

Hope this is helpful. 

 

Regards,

TurboTax Expert