chapguy19
Level 4

Thank, TaxGuyBill,

Can you tell me where I enter the $64331 that the prior accountant had accumulated for carry forward from 2020? Do I enter that amount in Carryovers to 2021 Smart Worksheet, Line M?  That amount came from 2020 8582 Passive Activity Loss. And where can I see the new total?

Why, when I print the whole return for review, 8582, doesn't even print nor is there anything on the form on my screen?

I see that PS took the $4227 depreciation and entered to Carryforward to 2022 Smart Worksheet, Line M on Schedule E since it was in the Column (d) Vacation Home Loss Limitation, line 18a.

Why, when I print the whole return for review, 8582, doesn't even print nor is there anything on the form on my screen?

I see why Passive Loss is, all by itself, a college degree.  I have so much to learn and very much appreciate the help. I'm not even close to being able to explain this to the client.

0 Cheers