Carry over deductions

[Norwood65]

Can deductions be carried forward to a following year if expenses exceed income?

[Carl]

Yes. Depending on what type of business and what type of return you file, the program may or may not take care of that for you.

[Mike9241]

for schedules C, E or F, if you have a net business loss you may or may not have a  net operating loss that can be carried over. Turbotax will not compute this.  use schedule A of form 1045 to compute if you have a NOL. for other forms and schedules there may be specific rules about your situation. you would have to provide more info 

https://www.irs.gov/pub/irs-pdf/f1045.pdf