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April 4, 2025
Question

There is a coding error in my 2024 Home Business software. The program inserted the 2023 passive operating loss in schedule E in 2022 rather than in 2023.

  • April 4, 2025
  • 1 reply
  • 0 views
I have used Turbo tax for home and business for the last 10 years and the program carries over the information for each year to the new tax year. This year the program made a mistake and inserted the wrong number. Took me a while to figure it out. You might want your programers to fix the problem.

1 reply

April 4, 2025

Yes, this is known issue and being worked on.  Glad you found it on your own!

 

Here's more info on Passive Loss Carryover Error.

 

@SaltRunGlobal