For my 2020 tax returns, my depreciation is more than the income I have from the rental property. So, the depreciation for year 2020 gets downsized. I'm assuming that the remaining depreciation will count as a carryover loss that I can deduct next year. However, where and how will this be reported? I figured it will appear Form 8582. But, in turbotax premier, I filled up everything but I'm not able to find where it appears as a loss. Can someone please guide me about this? Thanks in advance!
