Section 179 Carryover...confusion!

[writermom3]

This section always stumps me. I have a vacation condo that I rent out sometimes. I don't understand why TurboTax doesn't transfer last year's Section 179 Carryover (see attached screen). I get so confused trying to find the correct numbers on last year's tax forms. (Do I find the numbers on Form 4562 or the worksheet, for instance?) Can sometime explain to me exactly where I can find the answers to these two questions: 
--Section 179 Carryover

--QBI Section 179 Carryover

Thank you!!

[PatriciaV]

If you used TurboTax last year, find the Schedule E Worksheet for this property. Under the section "Carryovers to 2025 Smart Worksheet," Section 179 carryovers for both regular tax and AMT appear on Line A.

[writermom3]

Hi Patricia:

Thanks for taking the time to answer my question. Unfortunately, when I pull up 2024 Schedule E worksheet, Line A is a box that says, "owned by spouse." Is there another form that can give me the answers I need?

Thank you.

[writermom3]

I found my answer:

Look at Line 13 on Form 4562: This is the "carryover of disallowed deduction to 2025." This represents the amount of Section 179 you elected to take in 2024 but couldn't because your business didn't have enough taxable income to cover it.

I also learned that my rental doesn't qualify for Section 179 b/c it's a "passive investment." So when I look at Line 13, nothing is there.

I understand this now! Yay!