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Passive loss carried over for schedule E from 2020
I am switching to TurboTax from TaxAct and I need to enter passive loss carried over for schedule E from 2020 for my rental property.
Specifically, TurboTax is asking me to enter 3 numbers:
Sch E - Regular Tax Carryovers
Sch E - Alt Min Tax Carryovers
Sch E - QBI Carryovers
I understand that the first number (Regular Tax Carryovers) I can get from 2020 form 8582 page 2 worksheet 5.
Where do I get the other 2 numbers from?
TaxAct produces just one form 8582, I do not have any additional forms for AMT even though I pay AMT.
Should I use the same number from form 8582 page 2 worksheet 5 for all 3 questions (Regular Tax/Alt Min Tax/QBI)? If not where specifically do I get numbers for Alt Min Tax and QBI?
‎April 6, 2022
10:06 AM