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eapogee
New Member

Rental property/Primary residence

I was living in the house for 6 months and 6 months it was rented. Will it carry forward the losses? I don't see the loss accumulated in the screen.

 

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1 Reply
jtax
Level 10

Rental property/Primary residence

In what screen?

 

You should see the loss on Schedule E. Many times for small landlords, the loss will offset other types of income, and you will see that on your Schedule 1, line 5 (flowing to 1040 line 8). 

 

If the loss is not allowed because of income limits or passive activities rules look for a form 8582 to see the carryfoward.

 

To see the PDFs of the actual forms in online TT see this help article

 

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-retur...

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