Thanks @PatriciaV , however, I didn't find any numbers present on line "Depreciation carryover" in my "Schedule E Worksheet". Is it a bug?
For my situation, say my rental income is 10000, less expense without depreciation as 9000. The net rental income is 1000. Now if my depreciation is 5000, Here are the numbers I saw
Schedule E line 18 (depreciation): 1000
Schedule E line 21,22 (net income): 0
Form 4652 line 19h, 22 (depreciation): 5000
Schedule E worksheet: 18a (Reported On Schedule E:( 1000
Schedule E worksheet: 18a (Vacation Home Loss Limitation:( 4000
And no depreciation loss carry on is reported in the Schedule E worksheet.
Is this the expected behavior?
