Passive activity carryovers (1120)

Alerts and notices

Enter passive activity carryovers in the Carryovers section of the input screen. You can use several categories to enter passive activity carryovers for each entity. The following categories are available.

  • Operating
  • Short-term capital loss
  • Long-term capital loss
  • Section 1231 loss
  • Ordinary business loss

Related topic: Passive activities overview