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Level 1
December 7, 2019
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We have a new client who has a passive credit carryover from 2017. How do I input it? I see how to enter business credits but not how to mark as passive.

  • December 7, 2019
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Best answer by George4Tacks

Input it with the activity that generated the credit - Rental - K-1 - ...e.g. https://accountants-community.intuit.com/articles/1858584-entering-prior-year-unallowed-passive-loss-carryovers-from-schedule-e

1 reply

George4Tacks
Level 15
December 7, 2019
Answers are easy. Questions are hard!