Hi,
I have an overseas rental property on which i have a new unallowed loss (rental minus depreciation) as it considers my income as too high. Every year that loss is shown under passive loss limitations worksheet.
I moved out of California in 2021 and while filling my tax returns for California, Turbo tax asks me if i have passive loss carry over. Should I be entering something there given that the loss is not allowed in my federal return and probably in my prior year California returns too?
Thanks
