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I think you mean you have a loss on your rental activity but it is not being deducted from the other income on your tax return. This will happen if you rent your property for less than fair market value or if you use the property for personal purposes for the greater of 14 days or 10% of the time it was rented during the year.
Also, you can normally only deduct up to $25,000 of a rental loss against personal income each year, but that is not true once your income is over $150,000.
If you think these constraints do not apply to you, you will need to review your rental entries and make corrections as needed.
I am not looking to harvest a loss. I fear that the rental income section might be missing information
If you would like to send us a “diagnostic” file that has your “numbers” but not your personal information it would help. If you would like to do this, here are the instructions: (Don't forget to give us the state)
TurboTax Online:
Open your return -Go to the menu panel on the left side of your return and select Tax Tools.
TurboTax Desktop:
If you like, you can send a copy of your return that will be scrubbed to eliminate your personal data by using these steps:
We will be able to see exactly what you are seeing and we can determine what exactly is going on in your return to provide you with a resolution.
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