Investors & landlords

It depends. If you filed with Turbo Tax in 2019, that carryover should have been performed automatically. Here is how to report. 

1. Click the Federal Taxes tab. Federal is using the online version.
2. Click Wages & Income or Income and expenses if using Online
3. Scroll down to the Rental Properties and Royalties section
4. Click the blue Show More in this section
5. Click Start (or Revisit) next to Rental Properties and Royalties (Sch E)
6. Click Yes
7. Click Continue
8. Click the blue Edit button next to the rental you'd like to add info for
9. Click Continue until you reach the screen entitled Do any of these situations apply to this property?
10. Scroll to the bottom of this page and check the box next to I have passive activity real estate losses carried over from a prior year.  (see first attachment for reference)
11. Click Continue
12. You'll be able to input the carry over amounts on the next screen