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Returning Member
posted May 31, 2019 9:18:28 PM

Where is nol for 2016 shown

show 29000 loss on rental real estate 2016. I realize 25000 is the limit for loss....will I have a carry over loss and where will that amount be shown?

0 2 385
2 Replies
Level 4
May 31, 2019 9:18:30 PM

I believe you mean passive loss carryover rather than a net operating loss.  If you have a rental with a passive loss of $29,000, but are only receiving a current year loss of $25,000 due to active participation, the $4,000 will be your passive loss carryover to 2017.  That amount appears on Form 8582, worksheet 5 column c.  Hope this helps.

Returning Member
May 31, 2019 9:18:31 PM

dont show an 8582 prepared   my line 41 on the 1040 is -18964