MP1313
New Member

Business & farm

How do I list something as having been donated?

 

I closed my business with more than a $3000 loss last year and donated the remaining merchandise. I can't seem to figure out where or how to include this in my Business TurboTax reporting. Everything I do seems to end the previous year at a loss and last year at just $0. 

 

Where do I need to document that I still had the same loss from the previous year? How do I get this to become a deduction??