ThomasM125
Expert Alumni

Retirement tax questions

@EP27

Form 3801 would be populated if you had a loss on your rental activity that was not fully deductible or other passive losses. So it is possible this is the first year you had a loss, that may be why it didn't show up in previous years.

 

It is a necessary form if you have passive losses from a real estate activity that are not fully deductible.

@EP27 

[Edited 2/22/2022 at 12:33 PM PST]

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