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New Member
posted Apr 9, 2024 12:39:23 PM

Can I set up an ABIL declaration to use in subsequent years with simple self done turbotax?

how to talk to your specialists

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1 Replies
Moderator
Apr 9, 2024 1:00:52 PM

You can use any version of TurboTax CD/Download to claim an allowable business investment loss. You can also do this with TurboTax Online, but you would not be able to see the actual forms while you prepare your return. Also, typically only 3 years of TurboTax Online are available, while TurboTax CD/Download will remain on your computer unless you uninstall it.

 

If you're using a TurboTax Live product, you can select Live Help or Expert Help to connect with a TurboTax specialist.