Personal Tax – 2025 Trade loss carry forward to next year incorrect/missing on SEF4 Box 80
Article ID
personal-tax-2025-trade-loss-carry-forward-to-next-year-incorrect-missing-on-sef4-box-80
Article Name
Personal Tax – 2025 Trade loss carry forward to next year incorrect/missing on SEF4 Box 80
Created Date
18th June 2025
Problem
IRIS Personal Tax - Trade loss from 2025 carry forward to next year incorrect/missing Personal Tax - Trade loss from 2025 carry forward to next year incorrect/missing on SEF4 Box 80
Resolution
If you do not have a (Self Employment) Trade period dates of for example 05/04/24, 05/04/25, 05/04/2026 etc then there is a DEFECT on IRIS version 25.1.4.42 where the Trade Loss in 2025 is not being carried forward correctly/or is missing on SEF4 Box 80. It may also only show a carried loss originating before 2025. If you carry forward to 2026 it will also be incorrect/missing from the calculations. (Note The correct loss in the affected year will still be showing in SEF4 box 77).
The IRIS Development team is planning to release a fix in a future release (Date TBC). There is no workaround.
Our apologies for the inconvenience.
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