Oregon non-resident
I work in OR but live in WA. I also have a rental property in OR. My rental property showed a net profit for 2024. I have two questions.
1. TT shows a Federal value of 7982 in the image below. How is the federal value calculated by TT?
2. I am trying to figure out how to determine the difference in passive activity loss for Oregon in the attached image. Should I just enter the Federal value or the net income from my rental in OR.
