I work a return with Sch E rental loss. Wife work as a real estate professional was selected. but how come the rental loss does not offset W2 income? Do I miss something to click?
Please advise. I use TurboTax desktop version.
Hi tagteam,
Thanks alot for the help.
My turbotax desktop does not have this screen. Please refer the below screen. It is said automatially calcuated will be conduct. However, the return does not automatically offset passive off to reduce the earned income.
You need to keep going. The screen is in the Property Profile section.
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