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What I mean is you don't adjust the loss in the Net Operating loss Worksheet. Column B on the bottom of the worksheet "Deduction allowed in Current Year" is based on your taxable income in line 28 of Form 1120. That number is populated by the program to result in no more than 80% of your income being absorbed by the loss carryover.

To enter unemployment compensation Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Under Unemployment On Unemployment and Paid Family Leave, click the start or update button

The desktop version of TurboTax can be used to file as many as five returns using one download with the license code.  Unfortunately, a TurboTax online account is limited to one tax return per year, so the confirmation code that you received from Amazon will only work for the one return that you've already filed.

I am working with a desktop version of Turbo Tax for Windows 11. The screen in your reply only comes up if you are connected to the internet. If your desktop is not connected to the internet you don’t see the garbage pail to delete entries or any of the other editing tools. That is why I am encountering this problem. I don’t understand why the full functionality of the software requires an active internet connection. Intuit should make users aware of this bug.

Thanks, I'm trying to fill it out this way.   I'm now running into another issue where turbotax is recognizing my scholarships as other income as well on a separate page of city taxes. By allowing turbotax to label my scholarship as income as an employer, the total taxable income that I'm seeing should be correct. However on another page titled "East Lansing Excludable Other Income", this is what it says:    If any of your total other income of (scholarship amount) is not taxable by East Lansing, enter the source of the other income, the tax ID of the payer (if applicable) and the nature of the income.   Source of income: blank Tax ID Number: blank Nature of Income: blank Excludable Amount: (scholarship amount automatically put in by turbotax)   I can't remove this number, and setting it to 0 just adds that total to my total taxable wages increasing it over what it should be, basically adding my scholarship amount twice to my total taxable wages as it used it from the employment screen and now this one. 

TurboTax Home & Business Desktop does NOT appear to have the form available. There is no ability to search for it through the help function which only provides FAQ prompts for searching and the Form is not available in the FORMS section (vs step-by-step) function of the software.