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tax2017pen
New Member

What does it mean by "amount carried forward from previous year" on business was it the Line 72 or Line 77?

 
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TurboTax-Terry
New Member

What does it mean by "amount carried forward from previous year" on business was it the Line 72 or Line 77?

Amounts carried forward from a Business year over year are undeducted Office in Home expenses or amounts related to Capital Cost Allowance. Also an opening balance for Inventory can transfer from prior year business statement.

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TurboTax-Terry
New Member

What does it mean by "amount carried forward from previous year" on business was it the Line 72 or Line 77?

Amounts carried forward from a Business year over year are undeducted Office in Home expenses or amounts related to Capital Cost Allowance. Also an opening balance for Inventory can transfer from prior year business statement.

View solution in original post

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