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raypol11
Returning Member

Carry forward losses

I have a carry forward loss for a vacation rental that I am not longer renting out in 2022.  I have other rental properties that I am currently renting that I would like to use my carry forward loss from my vacation rental to offset those gains.  Please advise how I enter in Turbo Tax.

 

Thanks,

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1 Reply
KrisD15
Expert Alumni

Carry forward losses

If using TurboTax Premier, go to 

Federal taxes

Wages & Income

Business Items

Business Deductions and Credits START

Business Loss carryovers START 

 

If using Home & Business Desktop or Self-Employed Online

Business 

Less Common Business Situations

Net Operating Loss/QBI Carry Forward Loss START

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