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New Member
posted Mar 10, 2021 2:41:35 AM

WhatDo I put down when it says carry over and it says to put an amount but the very top of the box it says you what do I do

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2 Replies
New Member
Mar 10, 2021 2:43:51 AM

WhatDo I put down when it says carry over and it says to put an amount but the very top of the box it says you what do I do

Employee Tax Expert
Mar 10, 2021 8:14:05 AM

Can you please clarify the section of the program you are in and whether you are referring to the federal return or a specific state so we can assist you?

 

Typically, a carryover is a loss that may have been limited in a prior year due to tax laws.  This carryover is sometimes allowed to be carried forward to the following year and used to offset any income earned in a subsequent year.