Partnership input screen shows there are Basis Carryover losses but tax return does not reflect these losses. Do these losses require manual input on Sch D?

[llhytrek]

Final return=yes

[sjrcpa · Accepted solution]

No. They are lost. No basis = no loss can be claimed.

One wonders why this didn't zero out on a final return. Chances are client was allocated too much loss in prior years.