dmertz
Level 15

Get your taxes done using TurboTax

You can't have the losses subtract from your overall individual income and carry over that same loss.  If you had an at-risk loss that carried over to the next year's schedule C, that loss would not be includible on Schedule 1 line 3 of the tax return for the year when the at-risk loss occurred.  Doing so would cause the amount of the loss to be excluded from income twice.