Taxpayer sold rental property with passive activity loss limitations previously reported on Form 8582. Property sold in 2018.
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If you override, you will not be able to e-fie.
In Forms mode (click the Forms icon in the upper right), open a Schedule E Worksheet, page 1, on the left, and fill it in for this property. On that Schedule Worksheet, Scroll down to the Carryovers to 2018 Smart Worksheet, Schedule E Suspended Loss and enter it there.
You would really do best by entering all your information in the rental interview under Wages and Income. Going through the interview, you would need to say the property was rented for at least one day in 2018. You would also check boxes for having sold the property and having disallowed losses. Sale detail is entered by editing each asset from the asset summary.
If you override, you will not be able to e-fie.
In Forms mode (click the Forms icon in the upper right), open a Schedule E Worksheet, page 1, on the left, and fill it in for this property. On that Schedule Worksheet, Scroll down to the Carryovers to 2018 Smart Worksheet, Schedule E Suspended Loss and enter it there.
You would really do best by entering all your information in the rental interview under Wages and Income. Going through the interview, you would need to say the property was rented for at least one day in 2018. You would also check boxes for having sold the property and having disallowed losses. Sale detail is entered by editing each asset from the asset summary.
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