I am amending my 2019 return to correct Form 8582 and the Prior Yr Unallowed Losses. I tried to go into the Form 8582 page 2 to update WKS 1 column c and Prior Yrs Unallowed Losses. While the box turns blue as if I can input numbers, it will not let me add numbers to update form. Any idea what is preventing this update? It worked fine for my 2018 amendment but not 2019. Thank you for your help with this.
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You are correct that you may not be able to make an entry in Col. C on Form 8582.
Did you transfer your Amended 2020 return showing PALs into TurboTax?
If so, in the Property Profile section, 'prior year loss' would be checked, and the entry on the Schedule E Worksheet for the property would show the loss.
Click this link for more info on Suspended PALs on Form 8582.
Are you trying to enter the amount from your 2018 Amendment? Do you have Rental Income on your 2019 return?
If not, this could be preventing you from claiming Prior Year Unallowed Losses.
In this case, you may need to keep track of the loss to use when the property is sold.
Click this link for more discussion on Prior Year Unallowed Losses.
Hi Marilyn. Yes, rental income and current year loss (column b) showed up on the 8582 worksheet 1 and I want to add the unallowed losses from the 2018 amended return in column c. However, it won't allow me to input/update the worksheet field. Thanks.
You are correct that you may not be able to make an entry in Col. C on Form 8582.
Did you transfer your Amended 2020 return showing PALs into TurboTax?
If so, in the Property Profile section, 'prior year loss' would be checked, and the entry on the Schedule E Worksheet for the property would show the loss.
Click this link for more info on Suspended PALs on Form 8582.
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