Get your taxes done using TurboTax

You will need to enter these passive losses in the TurboTax Desktop version using the forms mode.

 

1. Search in forms for Schedule E Wks for the rental property

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2. Scroll down the worksheet until you get to Carryovers to the 2021 Smart Worksheet. Enter your passive activity losses on line G, Schedule E Suspended Loss. Be sure to enter the passive activity loss as a negative amount.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3. Click on "Step-by-Step" in the upper right-hand corner to return to the program.