newbie2
New Member

I have a net loss of around $15000 from a small business that I just started this year. Turbotax did not show any of these losses on my PA state return. Is this an error?

It appears to be correctly entered on my Federal return, but it is not appearing on my PA state return.

IsabellaG
Expert Alumni

Get your taxes done using TurboTax

In Pennsylvania, income is separated into eight classes. Deductions are allowed in each class of income only to the extent of the income in that class, so you can't use your business loss to offset other classes of income on your return.

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