Last year, I had rental property losses of -$15, 727 (shown on Sch. E ln. 26). My earned income was $4,500 and I materially participate in my rental properties. Since my modified AGI is less than $100k, Turbo Tax subtracted the loss from my income resulting in an AGI of -$11,227.
1. How can I get TT to generate for 8582 so I can carry forward my losses to future years?
2. Am I required to elect a safe harbor or QBI on the properties that generated the loss in order to carry them forward?
