I have a rental property.The box for "I have at-risk losses carried over from 2017" is checked.Every time I return to this screen it is checked again!How do I uncheck it?

[FarmerJake]

Because the at-risk box is checked, in the expenses section, it populates another box under "Any Miscellaneous Expenses". It says "Section 465(d) carryover" and I can't remove this! It seems like the two are tied together?

[CherylW]

Yes, the two are connected.

Most likely that's occurring because you did your taxes with TurboTax last year, and the number is calculated.  To check: 

1.  Click Federal Taxes across the top.

2.  Click Wages & Income across the top.

3.  Click I’ll choose what I work on.

4.  Scroll down to Rental Properties and Royalties.

5.  Click Start or Update by Rental Properties and Royalties (Sch E).

Click through till you get to Do any of these Situations Apply to This Property?

Click the Learn More button by the last option, I have at-risk losses carried over from 2017.  Go over these to make sure none of them apply.

Then, go to your Forms menu.  Hopefully there's an entry on line 19a, Section 465(d) carryover.  If there's a number in the Section 465(d) box on your input screen, it'll show up on line 19f, to figure your deductible rental real estate loss.

I don't think you should get rid of it if you DIDN'T have a loss.