What happens if you don’t enter anything ?
In prior years, my husband has been doing our returns assuming TurboTax is carrying forward this information and automatically entering it where it needs to be. During the interview on TT2021, it asks if any of these situations apply: second from the last I believe was passive losses , which we did have according to the definition and explanation. The next screen wants me to enter something under “Regular tax” : is this current year PAL from schedule E (loss or profit). And than PAL carry overs from prior years as the last entry im that box which I can take from the federal form for PAL correct?
If so, why isn’t this information populated automatically or is it?
thanks
