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Deductions & credits
Thanks. I guess I'm going to have to install several years of TT - I'm assuming/hoping it is possible to have multiple years installed. The 2009 information I have is the native .tax2009 file (can't be opened by TT 2014 installed) and the "to the IRS" PDF (which does not include above worksheet).
Stupid question please: On 2009 Schedule D, Line 6, "Short term loss carryover" -- this is this the amount carry-overed from 2008 to 2009, correct ? It is not amount to carry over to 2010.
If above correct, then if a return has a negative dollar amount on 2009 Sch D Line 6 - it would mean that TT "imported information from previous" year (from 2008).
The year that has nothing on that line "broke the chain" of carryforwards - and from that "broken chain" year I need to redo the tax year and properly import from previous year.
You all are amazing in your expertise and willingness to help ! Thanks.
Stupid question please: On 2009 Schedule D, Line 6, "Short term loss carryover" -- this is this the amount carry-overed from 2008 to 2009, correct ? It is not amount to carry over to 2010.
If above correct, then if a return has a negative dollar amount on 2009 Sch D Line 6 - it would mean that TT "imported information from previous" year (from 2008).
The year that has nothing on that line "broke the chain" of carryforwards - and from that "broken chain" year I need to redo the tax year and properly import from previous year.
You all are amazing in your expertise and willingness to help ! Thanks.
May 31, 2019
4:58 PM