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2017 is the first year I'm using TT so prior years carryover losses from a rental property won't automatically populate. Can anyone tell me how to enter them manually?

Forum|Forum|7 years ago
June 4, 2019
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I've seen an older (2015) reply to this question but the reply references screens that don't match the 2017 program. I'm assuming the prior year accumulated losses have to entered on form 8582, but when I get to that form it can't be edited.

TurboTax Premier Windows

Best answer by MinhT1

To enter your passive loss carryover:

In TurboTax, open your return
In the Search box on the top right of your screen, enter passive loss carryover, schedule e and click on Find at the right
In the search result box, click on Jump to passive loss carryover, schedule e
The program will take you to the Income from Rentals section. Answer Yes
Follow the interview until to get to the screen Do any of these situations apply to this property? (see attached screenshot)
Put a check mark next to I have passive real estate loss carried over from a prior year and click Continue

M

MinhT1Answer

To enter your passive loss carryover:

In TurboTax, open your return
In the Search box on the top right of your screen, enter passive loss carryover, schedule e and click on Find at the right
In the search result box, click on Jump to passive loss carryover, schedule e
The program will take you to the Income from Rentals section. Answer Yes
Follow the interview until to get to the screen Do any of these situations apply to this property? (see attached screenshot)
Put a check mark next to I have passive real estate loss carried over from a prior year and click Continue

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X

xjmo

In TT Home and Business 2021, when I come back to enter passive loss carryover, I don't see the screen "Do any of these situations apply to this property?". How to show the wizard again?

A

AnnetteB6

Use the following steps:

On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
This opens a box where you can type in “rental income and expenses” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
The search results will give you an option to “Jump to rental income and expenses”
Click on the blue “Jump to rental income and expenses” link
Answer Yes, you wish to review your rental information
Click Continue
From your Rental and Royalty Summary, click Edit beside the property with the loss carryover
Click Update beside the Property Profile section
Proceed past a couple of screens until you get to one titled, 'Do Any of These Situations Apply to This Property?'
Check the box at the bottom of the screen under Carryovers for passive activity losses