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Olamide1204
New Member

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Do i need to report a roll over in the federal filing even when it is non taxable?

 

9 Replies
MinhT1
Expert Alumni

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Yes, you have to enter the form 1099-R in your tax return even for a non taxable rollover.

 

The IRS has a copy of the 1099-R and may write to you if it is missing from your return.

 

When you enter your form 1099-R, fill out box 7 correctly and answer all questions in the TurboTax interview. TurboTax will exclude the rollover from taxation.

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james clark
Level 1

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i rolled over 2018 rental write off and could not use it until cabin was rented, which happened thanksgiving and christmas, so the amount should have carried over I would think to this years turbo tax. i cant find it and need copy of 2018 taxes i did through turbo tax last year to verify amount? how can I get that form or copy of last years or why isnt frm ith amount carrying over?

ColeenD3
Employee Tax Expert

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What do you mean you rolled over a rental write-off? You had expenses you could not take because you had not placed the rental in service yet? These expenses are not deductible. If you had a renovation, that would be added to the basis. If you showed a loss on Form 8582, that is where you would find the loss.

 

You would have needed to keep a paper copy or uploaded a pdf copy of your return to find this figure.

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james clark
Level 1

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thank you for correecting my words to get the exact form. yes it was listed as loss for all the investment vesus the short rental period.. I have copies of 15,16,17 but for some reason didnt copy 18. can turbo taxsend me this year knowing I paid for it?   My 2019 taxes are done except that form 8582  total form 2018....Thanks Colleen

GiseleD
Expert Alumni

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If you filed in TurboTax Online last year, here's the original article on how to print 2018, or you can read below:

 

Before starting, make sure you're using the same TurboTax account (with the same username) as previous years.

 

You'll get access to your prior year returns through Your tax returns & documents in Tax Home.

 

 

 

@james clark

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james clark
Level 1

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im sorry but when I do that it asked for " upload" which of course clicking just sits there because Im not uploading anything... thanks... My taxes are done for 2019 and this is first year i have an airbnb to write off that form 8582 that i sent last year to keep records straight need badly... thanks

james clark
Level 1

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you've been great and after everything I found my 2018 disk but could not find the investment property write off carry over to this year. what form would that be 8582?

MayaD
Expert Alumni

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Yes, the carry over losses are shown on IRS Form 8582.

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james clark
Level 1

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THANKS!!

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