I've repeatedly completed this form and it keeps resetting to carry over my loss so it is not allowed this year.
I got all the values from my 1120S form which indicates based on the debt basis that the loss is allowable.
This is very frustrating as TT online does not provide any instructions for the form (they link to IRS instructions, but do not explain or color code cells as in Turbo Tax desktop business for example) and the calculated fields do not populate as values are entered. Even worse, all values I enter are deleted.
There are 2 options below the form: Refresh Calculations and Continue. Upon refresh, the caluculated fields to do not calculate, they erase. I think my problem is coming from Line 47, Col. e, where my loss is flowing to, regardless of whether I change it in Row 35.
So it seems this is coming from somewhere else in my return, although I do not see a way to zoom to that source field. When I press Continue, I get a message that my allowable loss is $0. and my loss is not allowable.
