You may be subject to passive activity loss limitations. Form 8582 (Passive Activity Loss Limitations) will show if you weren't able to take the loss this year. The loss is not gone, though. It will carry over to a future tax year.
To check Form 8582, here's how to preview/print/review your returns:
- Open or continue your return.
- Select Tax Tools in the left menu (if you don't see this, select the menu icon in the upper-left corner).
- With the Tax Tools menu open, you can then:
- Select Print Center and then Print, Save, or Preview This Year's Return to preview your entire return, including all forms and worksheets (you may be asked to register or pay first).
- If you want to see all the worksheets, also select the option to include government and TurboTax worksheets, then select View or print forms. This will allow you to print your complete tax file.
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