There is a loss on a rental property and does not see the loss shown on the 1040. Please advise
Thanks,
There are some income limitations involved in those kind of things. Did you check to make sure your client didn't exceed it?
".. does not see" on F 1040.
What about on the F 8582?
Lookup turbotax.com. This space is for tax professionals.
Are you certain you have checked the box for Active Participation if it applies?
