Passive loss carryovers -- what to transfer from the prior year's tax return?

[lameri]

Hello,

I would like to know what exactly I need to look up from my 2021 tax return to move it to this year's in this box:

(the help is too vague, it just reads, "sch E.")

For QBI Carryovers, I am pretty sure I need to move Form's 8995 line 16, right?

How about the first two?

Thanks.

[Mike9241]

form 8582 Part VII and there may be the same form for AMT purposes dorm qbi form 8995 line 16

assuming this is your only passive activity

[lameri]

I think I have found the answer to my own question, so I'm posting it here in case it is useful to others:

I opened TurboTax 2021 and went to Forms > Open Form and entered "Capital Loss Carryforward Worksheet" and found exactly those two columns: "Regular Tax" and "Alternative Minimum Tax."

Line 8 reads "Short-term capital loss carryforward to 2021."

Line 13 reads "Long-term capital loss carryforward to 2022."

Sweet!

[Critter-3]

@lameri 

NOOOOOOO ....  passive losses are NOT the same as capital losses ... you are looking in the wrong place. 

Look at form 8582 as already mentioned :  

[lameri]

Thanks for responding.

I do not have that form for 2021.

I have seen it in a prior return of mine (2020), but it did not contain a "part VII," just up to "party IV."

[lameri]

OK, thanks for letting me know although, no worries because I found 0 in both columns 🙂

But I still wouldn't know where to look for those two (regular and AMT).

[Critter-3]

Then you had no loss carrying over ... it was used up or released in 2021.

[lameri]

Thanks, but I do not have part VII...

[lameri]

I mean, for 2021 I don't even have the form itself. For 2020 I do have the form, but only until part IV.

Are there any other carryovers I should be aware of (besides the 3 mentioned in my post)?

[Critter-3]

There would have been two 8582 forms  in the return ... one marked AMT and one not.