I appreciate your efforts to help me out. However, Form 8582 line 16 has a zero there and it still reduces the c/o from the previous year. I do have three passive activity rentals over time, although not at the same time. I have followed the PAL c/o through all these years since 2011 and have seen TT not carry forward the previous year's PAL c/o from the previous year even when the same rental is the subject of the c/o. This does not make sense to me, as I am not an IRS auditor. Only the IRS understands how to calculate taxes. In this instance, the c/o is hundreds of thousands of dollars lower than I figure it should be using TT's system. I need to know what if you can help me.
