Investors & landlords

If you are using the TurboTax Home & Business software, you can add or verify your passive activity loss carryover by following these steps:

1. Click on the "Business" tab at the top of the screen and select Continue
2. Click "I'll choose what I work on" 
3. Select Update next to Rental Properties and Royalties and then select Yes
4. Answer the questions and select Continue. Then select Edit next to your rental property 
5. Select Update next to Property Profile. Continue through the screens until you get to the section "Do Any of These Situations Apply to This Property?" 
6. Click on the option "I have passive activity real estate losses carried over from a prior year" See screenshot below.

7. Select Continue and the next screen "Passive Losses from Prior Years" allows you to enter your passive activity loss carryover from 2018. See screenshot below.

@R4C