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Get your taxes done using TurboTax
I own a condo that I rent full time and have incurred a passive activity loss for 2021. I have also received a K-1 for 2021 showing passive income in excess of my rental losses. Why will Turbo Tax not allow me to subtract my passive losses from my rental activity from my K-1 passive income?
‎February 22, 2022
11:00 AM