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Investors & landlords
Ok, here's what I did: I collected all the loss carryovers from the last four years for my rental property. I looked at the Schedule E worksheet and compared everything. For me, the 2021 and 2024 (current) loss carryovers were correct. However, for 2022, the loss carryover value was actually from 2023, and 2023 was showing as empty.
I ended up moving the 2022 loss carryover into 2023, and it worked, which makes sense. So now, even though all the values are correct across the last four years, the 2022 and 2023 values are technically swapped. I’m not sure if that actually makes a difference, but I’m no longer getting any review errors.
The only other option would be to buy the Desktop version and manually fix the forms, as many others have suggested.
Total BS. I really didn’t expect TurboTax to have issues like this. It honestly makes me nervous where else could it be making mistakes? And why hasn’t this been fixed yet, especially since the issue was reported back in February?