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How to file the rental passive income loss which was carried over from 2016? Where is in Federal return and where is in MA return? Thanks,

 
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Anita01
New Member

How to file the rental passive income loss which was carried over from 2016? Where is in Federal return and where is in MA return? Thanks,

If you sold the property in 2017, in a fully taxable sale, the carryover loss will automatically be added to the 2017 operating loss for the year on your return.  If you did not sell the property, the loss continues to carryover until you do.

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1 Reply
Anita01
New Member

How to file the rental passive income loss which was carried over from 2016? Where is in Federal return and where is in MA return? Thanks,

If you sold the property in 2017, in a fully taxable sale, the carryover loss will automatically be added to the 2017 operating loss for the year on your return.  If you did not sell the property, the loss continues to carryover until you do.

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