It is our first year to use turbotax business. We had losses last year in our trading accounts as the first year of incorporation as an LLC. Tried to read up on reporting but simply calculated the losses and the business expenses and did not factor in the accounts carryforward losses and the $3,000 deduction allowed on our household taxes (married filing jointly). Let's say we have $30K in gains but we have $100,000 in carry forward losses. I still don't see where that gets recorded. I am assuming the $30K does not show as a gain but as a net $0 until the carried forward losses are down to 0. But how?
