See screen shot. TT is NOT allowing me to enter an amount of passive losses for prior years on the rental property. Is this a bug or am I doing something wrong?
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If you used TurboTax last year, your Passive Carryover Losses for your Rental Property should already be entered for you.
Check Form 8582.
If not, here's how to enter Passive Loss Carryovers.
I have the same issue. The program will not let you physically enter it per the screen shot. The posted link is not the solution
I downloaded prior years taxes which did not transfer.
You need to enter is as a negative amount, did you put a negative sign before the number?
this does not work!
I have exactly the same image on my screen. Nothing goes in and nothing from last years Turbo Tax will carry over...
As of March 24, 2020 I have exactly the same problem. Any solution yet? It's quite frustrating trying to determine the programming logic on my own. This should be straightforward, but it's not.
If you converted the property from a rental to personal use in 2018 or before, and are converting it back to rental property in 2019, from my limited testing the program is incapable of dealing with this correctly. Not only on passive loss carry overs, but on prior depreciation already taken too.
Your new 2019 in service date is the problem. The program "thinks" this is the first time ever you have converted the property from personal use to rental property. Therefore from the program's perspective it's absolutely impossible for you to have anything to carry forward from a prior year.
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