I have a net loss of around $15000 from a small business that I just started this year. Turbotax did not show any of these losses on my PA state return. Is this an error?

newbie2 · ‎June 6, 2019

It appears to be correctly entered on my Federal return, but it is not appearing on my PA state return.

IsabellaG · ‎June 6, 2019

In Pennsylvania, income is separated into eight classes. Deductions are allowed in each class of income only to the extent of the income in that class, so you can't use your business loss to offset other classes of income on your return.

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IsabellaG · ‎June 6, 2019

In Pennsylvania, income is separated into eight classes. Deductions are allowed in each class of income only to the extent of the income in that class, so you can't use your business loss to offset other classes of income on your return.

**Join us for our "All about the refund" event, sign up here

**Mark the post that answers your question by clicking on "Mark as Best Answer"

I have a net loss of around $15000 from a small business that I just started this year. Turbotax did not show any of these losses on my PA state return. Is this an error?