After completing all my turbotax entries, in the Review portion, I get this error:
"Schedule E Worksheet (name of rental property here): Passive Operating Loss must be entered.
Passive Operating Loss: __________"
In your response, you state
"Carryovers to 2024 Smart Worksheet" (for a tax year 2024 return) after the QBI section under Line 22. The suspended loss is reported on Line G of this table."
In my 2024 form at the location you state, all rows are "0" except these 2:
2. Section 1231 gain (loss) adjustments
4. b. Adjustments to allowed QBI
I had small losses the past few years, expect for 2023 when there was a small profit. I have my carryover loss number (from 2023 form 8582 part VII column c), I just want to make sure that number is what I should enter to correct the "error".
Hope that explains, please reply if I am supposed to enter the value from 2023 form 8582 part VII column c.
@MarilynG1
