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If the prior year has rental loss, which line on Sch E or on form 8582 shows the rental loss of the prior year?
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Your total loss is on Line 21 but that's not necessarily your deductible loss.
On Sch E
Line 21, 6198 loss
line 22, 8582 loss
Line 21 and line 22 can be different if taxpayer AGI is less than 150K
line 26, total income or loss, if no other passive income to offset passive loss, this line would be entered"0"
On 8582 form, page 1, part IV line (e) is the data that needs to be carried over to the next year.
Please let me know if I am wrong.
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