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LOSS CARRYFORWARD FORM 8895
Form 8995 line 3 shows a LOSS carryforward from prior years resulting from Schedule C losses.
The same form show a LOSS carryover to next year on line 16 (line 3 + this year's Schedule C loss).
Shouldn't the amount on Line 3 (or a portion of it) be carried to form 1040 via Schedule 1 line 8?
Thanks
Armando Souza
March 29, 2023
12:06 PM