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New Member
posted Feb 21, 2023 9:56:29 AM

I have an unallowed 2011 passive loss on a rental condo. From 2012-2021 personal. 2022 rental again. I cannot get an override on Form 8582 to enter the passive unallowed

Is there another way to enter the 2011 unallowed passive loss?

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1 Replies
Expert Alumni
Feb 21, 2023 11:03:03 AM

Yes, the screen you are looking for is, Do Any of These Situations Apply to This Property because on that screen you will see an option to select, I have passive activity real estate losses carried over from a prior year.   

 

If you are using TurboTax Home & Business, you can access the above screen by selecting the Business tab, the select I'll choose what I work on.  From there, select Rental Properties and Royalties, respond to various questions and eventually when you see the screen that allows you to review your rental property, select/update Property Profile.  It is in the Property Profile section that you will see the above referenced screen allowing you to enter the prior year(s) passive activity losses.

 

In TurboTax online the process is similar.  From the Your income and expenses screen, scroll down to Rentals, Royalties, and Farm, and select the subheading, Rental Properties and Royalties (Sch E).  On the Rental Property info screen, scroll down to Carryovers, limitations, at risk info, etc. and click Review/Edit.  As you move through the application, you will see a screen that will ask about passive losses carried over from 2021.  Thereafter, enter your information. 

 

@jmcfarland1948-s