I should not have Form 8995 as part of my 2020 taxes. I own and rent a single family townhouse. When preparing for my 2019 Schedule E, I misread the requirement for Form 8995 and showed my rental real estate loss as a trade/business deduction without being able to take the 20%e of net income. For 2020 taxes, I will have the same situation as my Schedule E will have another small loss.
My question is how can I stop using Form 8995 as part of my 2020 taxes without possibly being flagged for audit .
