Greetings and thanks for following up.
- My income is above the $150k phaseout, so the loss on my vacation rental should have transferred to line 1b of form 8582 as in the past, where the loss would be suspended and the carryover would be captured.
- I did not check the two boxes associated with a Real Estate Professional, as I agree that an RE Pro could deduct the losses without regard to the passive activity loss limitations.
- I did select "actively participate" although my loss should not be allowed due to income limitations.
It seems to be a glitch in the software, possibly because I started my return before the depreciation schedules were released. I tried creating a new return and it seems to be working so far.
