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MoReen
New Member

Rental property loss not allowed, was allowed in 2022

Married joint, wage income 150K, one rental property with loss.  Could take loss last year when wages were 136K, not allowed this year-Form 8582 generating with prior year unallowed loss BUT all prior losses were allowed? Am I inputting incorrectly or should loss not be allowed?

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1 Reply
KrisD15
Expert Alumni

Rental property loss not allowed, was allowed in 2022

Under $150,000 for married couples filing jointly is the limit for the ability to claim passive loss on a rental. 

 

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