@damesq wrote:
This response is interesting as carrying forward losses appears to be unavailable in the Turbotax 1041 program unless the "active" participation box is checked on Schedule E, and checking that box causes an error messge that says active status is generally unavailable to trusts.
Enter Forms Mode and check your Form 8582 for the carryforward.
Only individuals are allowed the special $25,000 allowance for active participation per Section 469(i).
@damesq
