I am using Turbotax for the first time and doing my taxes myself for the first time 15 years. TurboTax Premier has post no error messages but did not put any data in Part IV of form 8582. I have reviewed the Schedule e worksheet and believe that the passive carry forward has been entered correctly in line 2. My CPA entered the data in line 1 but based on my answers to questions, Turbotax has not entered any data on line 1 nor in Part IV.
What should I do?
If you believe that your Form 8582, Part I entries are correct, you don't need to enter anything in Part IV, if your Schedule E Worksheet, Carryovers to 2022 Smart Worksheet shows the correct amount also.
"Form 8582 is used to compute allowable losses from passive activities.
Activities with passive losses must be subject to basis and at-risk limitations before applying the passive activity loss limitations.
No entries are required on this form. Due to the complex nature of passive calculations, no overrides are allowed on this form. To make adjustments, go to an individual passive activity (for example, the Schedule K-1 Worksheet for Partnerships)."