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y7zdb
New Member

Can you please tell me how to remove a 465(d) carryover (at-risk) loss from my return (it was a mistake...I had no (at-Risk) loss from prior years)? .

In preparing my 2018 tax return I mistakenly included an amount as a section 465(d) carryover (at-risk) associated with a Schedule E single family rent house. I did not have a 465(d) loss at all in prior years and just want to remove it altogether.


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6 Replies

Can you please tell me how to remove a 465(d) carryover (at-risk) loss from my return (it was a mistake...I had no (at-Risk) loss from prior years)? .

Go to Forms in the upper right, then in the left side of the screen look for the 465(d) at risk open and delete it.
If any worksheets -delete those first
To delete, when you open a Form in the lower border then is a Delete tab to hit.  

Let me know if that takes care of it for you .
y7zdb
New Member

Can you please tell me how to remove a 465(d) carryover (at-risk) loss from my return (it was a mistake...I had no (at-Risk) loss from prior years)? .

Going to Schedule E WKS (Property Name) worked. Thank you!  

Can you please tell me how to remove a 465(d) carryover (at-risk) loss from my return (it was a mistake...I had no (at-Risk) loss from prior years)? .

Great I am going to post below as an answer so it can help others also.

Can you please tell me how to remove a 465(d) carryover (at-risk) loss from my return (it was a mistake...I had no (at-Risk) loss from prior years)? .

Deleted my answer as @MBA Ops already answered and did not see it.
MBA-Ops
New Member

Can you please tell me how to remove a 465(d) carryover (at-risk) loss from my return (it was a mistake...I had no (at-Risk) loss from prior years)? .

Thanks TuboTaxMichaelL1 for reminder to post my answer as Answer instead of comment
MBA-Ops
New Member

Can you please tell me how to remove a 465(d) carryover (at-risk) loss from my return (it was a mistake...I had no (at-Risk) loss from prior years)? .

Go to Forms in upper right icon or View Forms pulldown.  Look for Schedule E WKS (Property Name).  Scroll down within the Form to Carryovers to 2018 Smart Worksheet.  Then change Line B Schedule E Suspended Loss to the proper amount or blank it out.  This worked for me
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