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Level 4
March 24, 2020
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How to deduct suspended PALs when you sell rental property

  • March 24, 2020
  • 1 reply
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How to you  deduct suspended PALs ehen selling the rental property. No other passive activity.

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Best answer by CVTS

Yes that worked - thank you!

1 reply

Intuit Community Champion
March 24, 2020

on the schedule E worksheet, check the box on line G, complete taxable disposition. That should release the passive losses

CVTSAuthorAnswer
Level 4
March 24, 2020

Yes that worked - thank you!