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  • Losses from previous years shows in red?

    Hello, In the 22-23 tax year my self-employment business had a 2k loss and no income. I entered in the loss under 22. Net Loss but did not put anything under "35. Total loss to carry forward after all other set-offs - including unused losses brought forward." At the time this seemed fine. In the 23-24 tax year I had no expenses but made 1500. When I enter the loss from the previous year under "Loss brought forward from earlier years set-off against 2023-24 profits" it highlights it in red as an error and shows WARNING on the "Check your progress" page. Does this mean I have to go back and edit my previous return and put that loss under 35 and that will let me claim it for 23-24? Thanks!