first time using turbotax. trying to populate passive loss carryover figures from previous years to offset rental property income.
turbotax gives me 3 options.
1. regular tax : if i put the amount here, it offsets my non passive gains which is not what i want.
2. amt tax : i don’t have any previous year forms stating any amt info about my rental loss. if i try to put the amount here, it does not offset the income i have from my rental.
3. QBI : not relevant to me.
so bottom line , it seems that there is no way to use the unallowed carry over losses from previous years in order to offset any income i have from my rental property.
What am i missing here?
