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How do I eliminate a 465(d) carryover?

 
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1 Reply
ThomasM125
Employee Tax Expert

How do I eliminate a 465(d) carryover?

You need to go to where you enter the passive loss carryover in TurboTax and enter $0 for it. You access it through the screen that says Your (name of business) Business. Search for the Final Details menu and choose Special Situations.

 

 

Then, choose I have risk losses carrying over from 2022:

 

 

 

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