dauga
New Member

Investors & landlords

 

So if I have 8 years worth of Suspended Passive activity Losses  (PALS).  I have sold the house in 2020.

 

Where do I entered the total (last 8 years) of PALS. 

 

Can this be add/deducted from my cost basis?  Or is there another area in Turbo Tax I enter this?

 

Thanks