RobertG
Expert Alumni

Get your taxes done using TurboTax

What kind of unallowable expenses are being carried over?

 

If the business was discontinued, carried over items are usually closed out on the return for the year the business was closed.

 

If you indicated on the 2019 return that you closed the business, you should have been prompted to report the disposition of assets. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"