Richard Posted December 23, 2011 Report Posted December 23, 2011 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. Quote
LouD Posted December 23, 2011 Report Posted December 23, 2011 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 Quote
Richard Posted December 23, 2011 Author Report Posted December 23, 2011 LouD - That's it. Thank you so much. Quote
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