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user17702308838
Returning Member

Passive loss carryover

I seem to be having the same problem as others  First of all the passive loss doesn't seem to have carried over despite transferring info directlyl from the 2024 return.  This year says the carryover does not match the sum of the section 179 carryover shown on each individual activity and then it shows the total it should add up to which is $5,576 (from last year) and that's the total listed in 2025.

 

Not only that despite the section stating:

Income from Rentals or Royalty Property You Own

We'll help you enter your information if you received rental or royalty income.

 

When I did a review the second "error" stated that Sec. 179 carry forward-Reg should not be entered because this rental property is not a commercial property.  

 

If it's not allowed why even show as a carryover?  That's the only error in the return and I cannot find out how to fix it. 


Thanks.

 

Pat

 

 

 

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1 Reply
DianeW777
Expert Alumni

Passive loss carryover

You must go into the rental property income section first, then follow the steps to enter your carryover loss.

  1. Any passive activity loss (PAL) carryforwards allowed would be listed on your Form 8582, Worksheet 5 or 6, in your 2024 tax return as 'unallowed loss'.  If you have a PAL and it does not seem to be populated in your 2025 tax return you can take the following steps to enter it.
    • Use the magnifying glass to Search (upper right) > Type rentalsJump to Rentals > Select Edit beside your Rental Activity  > Under Less Common Situations > Review Carryovers, limitations, at risk info, etc. > Continue to enter your passive loss carryover.  See the image below for assistance.

Please let us know if you have additional details and we are here to help.

 

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