I’m still struggling with the Loss Carryover for my closed LLC. My loss in 2024 was $11,448. I’m expecting the loss from 2024 will appear on my 2025 return, on both Line 3 of Form 8995 and Line 3 of my Qualified Business Income Deduction Summary for this year, and that the total of both year’s losses will be my Loss Carry-Forward from this year’s return.. The loss from 2024 doesn’t appear on either form, and my Loss Carry-Forward now appears to be only this year’s loss ($3,980).
Should the 2024 loss appear where I’m expecting it, and should the sum of that loss and this year’s loss show as the total Loss Carry-Forward for the closed LLC? Please let me know, and thank you!
