I'm using Premier Desktop 2020. I'm on the page titled: "Do Any of These Situations Apply to This Property?" In the sub categories under "Carryovers". There is a box that reads: "I have passive activity real estate losses carried over from a prior year". I didn't notice this before so I was assuming that my prior year TT file will automatically carry my prior year passive losses to the subsequent year. This year, I noticed this box and decided to check this box and it is asking for the carryover amounts on the subsequent screen that is directing me to locate on TY19 schedule E that I'm struggling to find the amounts. I'm seeing other threads that I need to look for it on Form 8582 instead. So where exactly can I find the three amounts that the screen is asking for from your TY19 tax return: Regular Tax Carryover, Alternative Minimum Tax Carryover, QBI Carryover? Or do I need to worry about it at all as TT will automatically import this from my TY19 TT file to TY20 return?
with TT desktop it is crucial that you transfer last year's data before starting on the current year. once started the prior year data can not be transferred.