ThomasM125
Expert Alumni

Get your taxes done using TurboTax

@MccTax 2022 Your 2020 passive loss carryover is the loss amount on line 3 of your 2020 form 8582 (your passive loss from 2020) less the amount that was allowed in 2020, as reported on line 11 (total losses allowed.) You can deduct any unused losses when you sell the property in a qualifying disposition (special rules apply if you sell to a related party.)

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