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Get your taxes done using TurboTax
*Solved* in https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/we-sold-a-rental-prop...
Q: Form 8582 Worksheet Allocation of Unallowed Losses lists the passive activity carryover loss with the sold property. How does the passive activity loss carryover get converted to the replacement properties?
A: When you are the screen "Do any of These Situations apply to This Property?" you can make the selection that applies to your situation by marking those that apply from the list available.
Scroll down to the carryover, when you check the next screen gives you a place to enter the carryover
Thanks to dermel for the answer.
‎July 4, 2020
11:03 PM
8,679 Views