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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
‎February 25, 2020
2:51 PM