The 2023 federal filing was started April 2024 after the 2022 had been filed April 2023. I discovered a classification error I made on my wife's Federal Disability Annuity on the original 2022 filing. It started after she passed her Minimum Retirement Age (MRA), so it is not taxable. Once I corrected the her Federal Disability Annuity our MFS total income fell below $150,000 and part of the accumulated Rental Income Loss, was allowed ($25,000).
TurboTax did not reduce the accumulated Rental Income Loss balance, so the full $25,000 was included in the 2023 calculation.
This seems like a calculation error due to a lack of re-import of the accumulated remaining Rental Income Loss on Form 8582 once 2022 had been amended.
