PatriciaV
Employee Tax Expert

Investors & landlords

The special allowance for active participation is limited based on your AGI. Review this calculation on Form 8582 Part II. Part III displays the total losses allowed that are carried over to Schedule 1 Line 5.

 

You can find these forms in TurboTax Desktop using the Forms icon. In TurboTax Online, you will need to download your return (including all forms) as a PDF (see Can I print a copy of my TurboTax Online return before I file it?). 

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