Thank you for the reply. Although, something still does not seem correct to me. In years past and as recent as tax year 2023, form 8995 would also show the loss...
Hello AmeliesUncle. Thank you for reviewing my use of TurboTax and carry over of passive loss. To answer your questions. I put my responses in all caps.Is the l...
Appreciate your response DawnC. I'm still perplexed on this. I have gone thru the question in the rental prop section to the end several times. I have even star...
Thank you for the reply!Yes, the active participant box was already checked. But still not seeing this year's loss added to the prior year losses in the carry o...
I'm adding more info in the event it provides additional insight. From what I have been able to find on my own, when a taxpayer's (married filing joint) income ...
