chapguy19
Level 4

TaxGuyBill,

Again, can't thank you enough for your help.

This has been a vacation home from 2016. And I have no idea how many total vacation vs. rental days there were in the past.  This is new client.

In 2020, it was 109 rental, 25 personal. In 2019, 115 v. 7 days.

In 2019, there is a form 8582, with the $65331 totaled from 2019 and prior years.

I was not sure where to put the $64331 so I put it on Sch E, Carryover to 2021 Worksheet, Line M.  

And from what little I know about all this, I am not sure that the prior tax person did it correctly.

Where does it accumulate if I leave the $64331 on Line M? 

I can't put it in directly to 8582.

In 2019, there is a form that is not in 2020.  Schedule E Rental Limitations for Personal Use.  Don't see it in 2020 nor in my 2021.

Thanks again, Christopher

0 Cheers