How do i figure out passive carryover loss?

What do I put in that blank

posted

A passive carryover loss will show on your prior year return. These losses are created from any passive activity found on Schedule E, such as rental income. They will appear on your Schedule E Worksheets - Carryforward, which is a TurboTax worksheet and not an IRS form.

You can also find details regarding passive carryover losses on Form 8582, on page 2, Worksheet 5. If you used TurboTax in the prior tax year, these carryover losses will automatically transfer in. If not, use your tax documents from the prior year to make sure they are entered for the current tax year.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"