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New Member
posted Jun 4, 2019 4:27:29 PM

In 2018, I will have a passive loss on my rental property. Where can I see this number? If I file with TT in 2019, will the loss be imported automatically?

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1 Best answer
Intuit Alumni
Jun 4, 2019 4:27:35 PM

Yes, TurboTax will carry your PAL from one year to the next if you continue to use the program. Your loss is reported on Form 8582. Make sure you print a copy of your Form 8582 to show your loss for future reference.

https://www.irs.gov/forms-pubs/about-form-8582

3 Replies
Intuit Alumni
Jun 4, 2019 4:27:35 PM

Yes, TurboTax will carry your PAL from one year to the next if you continue to use the program. Your loss is reported on Form 8582. Make sure you print a copy of your Form 8582 to show your loss for future reference.

https://www.irs.gov/forms-pubs/about-form-8582

New Member
Jun 4, 2019 4:27:36 PM

Will form 8582 be included in the PDF when I download my 2018 tax return?

Intuit Alumni
Jun 4, 2019 4:27:38 PM

Yes. I always err on the side of caution.