hotaggie
Returning Member

I have losses in my LLC and I structured my LLC as an S-Corp. Can I carry my losses from my LLC in my personal (since it's a flow thru entity)? How do I do that?

I have an LLC with S-Corp tax structure.  I want to know if I can carry my loss in my LLC forward in my personal income tax?  If so, where do I enter or how to keep track with how much to carry forward or how much deduction I can in a given year.  Thanks!