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Investors & landlords
The boxes available after answering "yes" to passive income losses carried over from 2021, are referring to Schedule E income. It is not asking for the carryover amount from the actual form Sch E. You would select "Sch E - Regular Tax Carryovers"
Passive Loss Carryovers for Rental Activities are not reported on Schedule E. You will find the carryover amount on 2021 Form 8582, Worksheet 5, Column c. (AMT carryovers appear on a separate copy of Form 8582 with Alt Min Tax under the title.)
‎February 25, 2023
10:47 AM