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Get your taxes done using TurboTax
Thanks for your accurate response. I also had an Unallowed loss in 2022 on Form 8582. However, I sold the Rental Property in February 2023 for a gain. The sale is shown on Form 4797 Sale of Business Property. I cannot find a place to include the Unallowed Loss in 2022.
In the Step-by-Step interview, when I checked the box for a sale of the Rental Property, it eliminates the property from Sch E and moves it to Form 4797.
Where or how can I list my 2022 Unallowed Loss?
Thanks.
March 22, 2024
11:27 AM