TaxGuyBill
Level 15
04-07-2022
11:31 AM
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@chapguy19 wrote:
In 2019, there is a form 8582, with the $65331 totaled from 2019 and prior years.
As I said above, that goes on Line G.
@chapguy19 wrote:
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.
That amount, plus any unallowed rental losses for 2020, would go on Line M (and maybe some on Line L).
@chapguy19 wrote:
In 2019, there is a form 8582, with the $65331 totaled from 2019 and prior years.
I know nothing about the property, but that seems quite high for only being around since 2016, especially if there were also losses from that "other worksheet" that you mentioned ("vacation home" carryovers). Personally, I would want to see all of the tax returns since 2016.