sheri414
Level 3
09-25-2020
12:50 PM
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TP moved back into their rental property in 2019. I marked the date of disposal in the asset screen. I did not enter a sales price. I have days rented and personal days used entered on the worksheet. The rental loss is flowing through to the return, even though their income is too high to take a rental loss. What am I missing to make this a suspended loss? Interestingly, it's not taking all the suspended losses, indicating a complete disposition. But the loss for the year is calculating and going to the 1040. What am I missing?
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