- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
I understand why it seems that way but @PattiF and I don't contradict each other. I just had more information than she did.
Your rental converted to personal use in 2021. If the passive loss carried forward into 2022 then you definitely did not enter the correct information into TurboTax to show that it was converted to personal use at the end of the few months that it was rented. You'll need to go back and correct the 2021 return. The step by step entry for the rental property has questions regarding what dates it was available for rent and what dates it stopped being available for rent. You need to correct those. Then the loss will be used in 2021 and not available for carryover to 2022.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 7, 2023
12:40 PM