randyL321
Returning Member

Prior year business loss

My wife operated a small business which she closed in 2018.  That year she had a small loss of $625.

 

In TurboTax 2019, it is showing a carryover loss from the prior year of $625.  Why?  The business was closed last year.  Wasn't the loss shown on our 2018 taxes?  I don't understand.  Can anyone help?

 

Randy