Thank you for the reply but now it appears I have conflicting answers from Turbotax experts. I initially questioned whether I had to breakdown my non-deductible expenses because in Turbotax Premier for Windows 2024 I have a screen titled "Enter Nondeductible Expenses From Prior Years." The screen provides 4 separate input fields for operating expenses, depreciation expenses, AMT operating expenses and AMT depreciation. I questioned whether I could just input my total non-deductible expenses in one of these fields but PatriciaV answered in part "Basically, you need to break down the loss into operating expenses and depreciation." That response caused me to ask the question in this thread about how to properly attribute the totals I am seeing in Part IV of my 8582 into operating expenses and depreciation. I am inferring from your response that the 4 input fields are just prompts for values that simply get totaled and not used separately by Turbotax for other calculations. Is that correct?
