Yes, you can delete the Form 8582. If there are no carryover losses and you have not sustained a loss on your rental property in 2022, this should clear up your return.
You'll need to delete this form 8582.
Use the steps below to check your answers:
TurboTax Desktop:
TurboTax Online:
We'd love to help you complete your tax return but need more information. Can you please clarify your question?
I'm sorry I wasn't very clear. I didn't have any passive losses on our rental property and I'm not sure my TT thinks I do. There is a question in the software about having previous losses and I answered no after I saw the losses on form 8582 but the said losses still appear after changing the answer. It appears I can Delete form 8582, will that also update all the references to the losses that refer to them? I hope that explains a little better.
Yes, you can delete the Form 8582. If there are no carryover losses and you have not sustained a loss on your rental property in 2022, this should clear up your return.
You'll need to delete this form 8582.
Use the steps below to check your answers:
TurboTax Desktop:
TurboTax Online: