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Get your taxes done using TurboTax
If I can include a F8582 with the suspended passive activity losses, I could reference "F8582 PAL" next to 24z Adjustments. That would make clear where the negative income originates. Would that be better than a zero-day Schedule E. I can obviously do this on paper and I'm not asking about TurboTax technique right now, just the form preference.
If I go ahead and file Schedule E with no business activity in 2022, is it taboo to include repairs and prep for sale there as expenses?
‎November 14, 2023
12:40 PM