taxprepp
Level 3
06-11-2022
11:48 AM
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Thank you for your response! Yes, I did enter 1=complete disposition of passive activity. And I just added the 2=delete next year.
Does it sound correct that my entries for the Carryover Vacation home expenses and Vacation home depreciation entered on Personal Use of Property of Schedule E for this asset really have no effect on entries for Schedule E and 4797?