Why did turbo tax cause my capital loss of $50,000 from my rental sold to be placed on line 14 of my 1040 instead of only $3,000? how can this be corrected?

[skahuhu]

My capital loss of $50,000 from a rental sold was entirely used as a deduction from my 2016 taxes (which I didn't know). My income was $80K but I didn't need this deduction since I had $50K in other deductions, can I amend this loss to take the minimum and roll over the rest? From what I read I should have had the option the select from at little as $3k. 

[Phillip1 · Accepted solution]

Losses from the sale of rental properties are treated as ordinary losses. In this situation, the sale is reported on Form 4797 and the full loss is deducted on line 14 of Form 1040.