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How can I disable the deduction of passive loss carryover from previous years in schedule 1, line 5?
How can I disable the deduction of passive loss carryover from previous years?
in 2020, my income was lower, TurboTax deducts my passive loss($25,000) in schedule 1, line 5, I don't want that, because I get zero benefits. How to disable it?
I would like to keep the passive loss carryover to a future year when I have positive passive income, so they can cancel out.
‎October 8, 2021
12:01 AM