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Get your taxes done using TurboTax
@Jason999 wrote:
I now have enough basis in 2019 and want to enter the previously suspended 10000 S-Corp loss in TurboTax somewhere for 2019 return. Where exactly in the TurboTax software do I enter it?
I sincerely doubt if this can be done in the Step-by-Step Mode in TurboTax. You will most likely have to use Forms Mode (available only in desktop versions of TurboTax) and also do an override.
Regardless, the result should be an entry in column (i) on Line 28 of Schedule E.
See https://www.irs.gov/instructions/i1040se#idm140609548986544
May 17, 2020
5:58 PM