Please see my post below:
No it's untrue! I have just found out that Turbotax doe not auto input rental loss carryover (regular tax carryove) to next year, it only auto input AMT carryover automatically. When you start new tax year and input rental info, the "Regular Tax Carryover box from (Sch E) is empty. You have input the loss manually. The loss is calculated and number is there already I do not understand why TurboTax doe not out in the number automatically. I have just found out that for the last 4 years Turbotax did not carryover my rental loss, I have over paid tax by $2000!
Should Turbox compensates my loss?
