Loss allocation
| Field | Description |
|---|---|
| Adjusted loss this year | Displays the calculated adjusted loss for the year, if any. |
| Loss against other income |
The amount of any allowable loss that is to be used to reduce other taxable income for this tax year. Do not input a figure in this field if the partnership is using the cash basis. |
| Loss carried back | The amount of any allowable loss that is to be carried back to an earlier year. |