Hello Community,
Turbo Tax continues to frustrate. We always fill out our information on rental property the same way. Once complete, we see all the information correctly entered in the "Easy Step" fields, and it shows on the Schedule E worksheet.
However, when completing our 2024 return, we are getting the error message that "Schedule E worksheet passive operating loss must be entered." Looking at the worksheet, I see that it did not carry over the figures from last year.
In any event, it keeps giving an error even if I plug in a number. I do not want to put the wrong number, of course, but more than that, there's a non-sequitur.
For privacy, I'll use a fictional number: if my 2023 tax return shows a Passive Operating Loss of -$6,888, when I try to enter that in the Worksheet that is in yellow showing it's missing data, I get an error message saying that I cannot enter a number greater than -$6,888, which is the exact number I just entered.
(If relevant, I'll also note that the prompts don't make sense to me: what's Passive Operating Loss - 6 vs. QBI Passive Op Loss - 6 vs. QBI Passive Op Loss - 7? Those phrases don't match anything on the Easy Step sheet.)
In other words, it knows (by calculating from the other data entered, I assume) that the missing number is -$6,888, but when I enter -$6,888 it tells me that the number can't be more than -$6,888. Huh? Help please!
