JamesG1
Expert Alumni

After you file

In TurboTax Online, report the at-risk loss as follows:

 

  • Down the left side of the screen, click on Federal.
  • Down the left side of the screen, click on Wages & income.
  • Click the down arrow to the right of Rents, Royalties, and Farm.
  • Click to the right of Farm Income and Farm Rental.
  • At the screen Farm Summary, select Edit.
  • At the screen Your Farming Income and Expenses, scroll down to Final Details.  Select Update to the right.
  • At the screen Other Situations, select I have Qualified Business Income, passive activity, or at-risk losses carried over from last year.  Select Continue.
  • At the screen At-Risk Carryovers, enter the at-risk carryover.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"