757773
You'll need to sign in or create an account to connect with an expert.
Passive Loss Carryovers for Rental Activities are not reported on Schedule E. You will find the carryover for next year on Form 8582, Worksheet 6, Column b.
To see this form in your current year return, you can download your entire return (including worksheets) to your computer as a PDF file to view or print. For this option, choose My Account in the TurboTax header then select Print Center.
(You need to log into TurboTax from a laptop or desktop to do this; Print Center is not available from the mobile version of TurboTax.)Find this under:
I have two rental properties that we also use in part as vacation homes. Both have passive loss carryovers from prior years. On one of the properties the program does not allow me to enter the passive loss carryover but instead asks for expenses not allowed in prior years that shows up directly on Schedule E Line 19? I believe the correct treatment is as a passive loss carryover on Form 8582----how can I get these entered correctly for the second property?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
DallasHoosFan
New Member
stevenp1113
New Member
ttla97-gmai-com
New Member
user17523314011
Returning Member
justine626
Level 1