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Residential Real Estate Rental Loss Carryover didn't transfer into my return - how do I enter it manually?
Residential Real Estate Rental Loss Carryover. I have two residential real estate properties that I rent out. One consistently generates a positive taxable income and the other a negative tax loss. In the past, when the two properties combined resulted in a net tax loss I was able to carry that loss forward to the next year and TurboTax automatically brought it into my return. While doing my 2023 taxes, last years tax loss carryforward did not come over into my 2023 return (TurboTax Premier) and I haven’t been able to figure out how to do it manually. What do I need to do or has there been a tax law change?
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February 19, 2024
7:11 AM