Rental Property Carryovers passive vs at-risk

Forum|Forum|1 year ago
February 10, 2025
1 reply
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This question has been posted and has conflicting answers posted. In the rental property section, there are 2 boxes on carryovers: passive activity real estate losses and at risk losses. One answer said to check both boxes and another said only check the first. I am an active participant (own and manage) but not a real-estate professional. So it seems I should check both boxes since I have at risk losses. But when I do, the carryover doubles and that seems incorrect. So do I only check the first box or do I check both and manage the double count elsewhere?

PatriciaV

Employee

The carryover calculation experience has been reported and is under investigation. You may sign up for updates here: Why is the capital loss carryover screen showing incorrect calculations? Even if this doesn't seem to apply to your situation, the form & calculations will be updated in TurboTax when the investigation is complete.

To answer your question, if you have both passive and at-risk carryovers from a prior year, you should check both boxes and complete/confirm the amounts for both.

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