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Missing 8582
I completed Schedule E for a vacation home rental property in which I actively participated. This schedule shows a loss of $3,500 for 2024. However, Turbo Tax Home and Business did not generate a form 8582 which I think is needed because our income exceeds $150,000. I believe 8582 would have disallowed this loss due to exceeding the maximum income limitation. What am I missing? Thanks.
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March 31, 2025
7:04 AM