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schedule E worksheet entry - passive operating loss+ amortization
Hello:
When I run smartcheck , it flags me on the below -
the below info pertains to a property that was owned since 2023 & generated loss.
1) schedule E worksheet <xxx prop name> : passive operating loss must be entered
passive operating loss << box to enter amount>>
- asking to enter on schedule A smart worksheet 7(f) - i dont have sch A
2) schedule E worksheet <xxx prop name> : QBI passive operating loss must be entered -
Looking at the worksheet, I see that it did not carry over the figures from last year.
Also - what is the criteria used by turbotax for generating Loss & amortization worksheet - & AMT depreciation report - is there an age for the property that used to calculate this ? thanks.
March 23, 2025
8:04 PM