Investors & landlords

To enter Passive Activity Loss Carryovers from a Prior Year for your Rental Property in TurboTax Premier: 

1. Click the Federal Taxes tab
2. Click Wages & Income
3. Scroll down to the Rental Properties and Royalties section
4. Click the blue Show More in this section
5. Click Start (or Revisit) next to Rental Properties and Royalties (Sch E)
6. Click Yes
7. Click Continue
8. Click the blue Edit button next to the rental you'd like to add info for
9. Click Continue until you reach the screen entitled Do any of these situations apply to this property?
10. Scroll to the bottom of this page and check the box next to I have passive activity real estate losses carried over from a prior year.
11. Click Continue
12. You'll be able to input the carry over amounts on the next screen (you will need form 8582 from last year)