Jump to content
ATX Community

Where to enter in ATX - prior years unallowed losses


Richard

Recommended Posts

I'm an EA who used to use ProSeries but am now a new ATX user. I'm doing a tax 2009 Form 1040 return that has un-allowed passive losses to be entered from the 2008 Form 8582 Passive Activity Loss Limitations. Every place I try to enter them says I'm doing an override. Is there a place to enter these prior year un-allowed losses?

Gotta finish this one today if possible.

Link to comment
Share on other sites

If it's a rental property, in the 2009 program, you can enter the regular and AMT PY unnallowed losses on the Sch E pg1 input tab for the rental property. It's line 15 of the input tab (just below the ownership information questions) and that should carry to the Form 8582

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...