3083889

I am using TT desktop Premier on a PC. I have Passive losses and a Long term Cp gain. TT is not offsetting the two.

On form 8582 my rental properties and DSTs are divided into groups on Part IV and part V for unknown reason.

posted

Connect with an expert

1 Reply

I am using TT desktop Premier on a PC. I have Passive losses and a Long term Cp gain. TT is not offsetting the two.

Sorry but long term cap gains on a Sch D will never be offset by the passive losses on the form 8582. The program is doing the return correctly.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post