taddat
New Member

Investors & landlords

Thanks - I arrived at the prior years' at risk loss prompt after checking the box for "I have at-risk losses carried over from 2018."  I was not certain whether our prio years' losses were considered both passive and at-risk, or just passive.

 

I've looked into this further and understand from your comments that prior years' unallowed passive losses from our rental property should be input after checking only the box "I have passive activity real estate losses carried over from a prior year."

 

My remaining question is this: Which box(es) should I input the total of all prior years' un-allowed losses (from form 8582 on my 2018 return) into on the resulting screen?  There are three input boxes: "Regular Tax Carryovers (Sch E)," "Alternative Minimum Tax (AMT" Carryovers (Sch E)," and "QBI Carryovers."  If I only enter the prior years' loss total in the Regular Tax box, I get hit with a large AMT.  Should the same amount also be entered in the AMT Carryover and/or QBI Carryover boxes as well?

 

Thank you!