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Directly edit forms to correct TurboTax error
The desktop version of TurboTax Home and Business 2022 has an error and is not applying my nonpassive short-term real estate rental losses against other nonpassive income correctly. That I should be able to apply these losses against my W-2 income is not in question. See my post here for details.
The issue is that TurboTax thinks my loss is passive (it isn't because the rental period is less than 3 days on average, and I meet the material participation and at-risk requirements). I'd like to manually apply the losses against my nonpassive income by editing the forms directly. Is this possible? If so, how?
Lastly, how can I notify TurboTax about this error so that they can update their software?
Topics:
‎February 10, 2023
7:02 AM