On schedule E, do I use line 21 or line 22 for the regular tax carryovers? Which line corresponds to the AMT and QBI Carryovers?

salisbury-blake · ‎January 21, 2020

ReginaM · ‎January 22, 2020

Yes, use Line 22 for your AMT and carryover.

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ReginaM · ‎January 21, 2020

Line 22 is used to determine your passive activity limitations and carryover to next year by preparing Form 8582.

Line 21 is used to determine your At Risk limitations using Form 6198.

TurboTax will walk you through your Schedule E and will ask you a series of questions to determine your At Risk limitations and will compute your carryover allowed to next year.

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salisbury-blake · ‎January 21, 2020

@ReginaM Thanks a bunch! So would line 22 also be a good value to put for AMT and QBI carryovers that TurboTax asks for?

ReginaM · ‎January 22, 2020

Yes, use Line 22 for your AMT and carryover.

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AmosandBuster · ‎February 12, 2020

which line on schedule E corresponds to the Regular Tax Carry Over value?

JohnW222 · ‎February 13, 2020

Use line 22, as well.

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On schedule E, do I use line 21 or line 22 for the regular tax carryovers? Which line corresponds to the AMT and QBI Carryovers?