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Investors & landlords
I'm having a similar problem. On schedule E my passive losses are being totaled into deductible rental real estate losses on line 22 and then being pulled onto schedule 1 line 5 and ultimately 1040 line 8. This reduces my AGI incorrectly. The passive losses have been carried forward each of the past few years on form 8582. I believe this is an error in TT and have read another article as such.
What's the resolution???
‎April 12, 2022
8:32 PM