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Level 2
posted Jan 21, 2020 12:14:48 AM

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?

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1 Best answer
Expert Alumni
Jan 22, 2020 10:21:03 AM

Yes, use Line 22 for your AMT and carryover.

6 Replies
Expert Alumni
Jan 21, 2020 9:29:38 AM

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.   

Level 2
Jan 21, 2020 5:41:48 PM

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

Expert Alumni
Jan 22, 2020 10:21:03 AM

Yes, use Line 22 for your AMT and carryover.

New Member
Feb 12, 2020 4:40:28 PM

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

Expert Alumni
Feb 13, 2020 1:12:24 PM

Use line 22, as well.

Level 2
Mar 12, 2023 3:22:56 PM

I'm also trying to figure out my AMT and QBI carryover from last year. It does not specifically state the AMT and QBI carryover? What should i use? Why are you mentioning using the same value as the regular carry over? thanks so much