How are the state passive loss carryovers entered in the Schedule E Passive Losses screen when the state amount is different from the federal amount? This screen only has one column.
You simply need to allocate each amount to the corresponding state in Schedule E and in depreciation schedule, and the states will then independently track it.
I haven't examined it in detail, it appears that certain states, perhaps NJ is one of them, do not take losses into account. I would like to get information how rental losses enter the states, for those you are familiar with, when the property has a gain in rental or when sold. Thanks.
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