Question

passive losses for rental property that we did not rent this year--Schedule E errors

Forum|Forum|2 years ago
March 13, 2024
1 reply
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I filled out everything in Turbotax as instructed, and then during the final check, it keeps throwing up an error on Schedule E for a property where:

1) we did not rent it out at all this year (0 days rented out);

2) we have a passive loss carryover from a prior year

Turbotax automatically generated Schedule E based on this information that we had entered, but during the check it keeps throwing up the error "Days rented must be greater than or equal to 15. If number of days rented is less than 15, the income and expenses should not be reported on this schedule."

However, I did not create the Schedule E--turbotax did. I have no idea how to proceed. It provides no guidance on how to proceed. I am completely stuck. I'm hoping someone here can help?

Thanks in advance!

TurboTax Home & Biz Windows

KrisD15

To clarify, did you take the rental out of service in 2023?

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C

cwynAuthor

Thanks for the reply, @KrisD15. It is possible that we will rent it out again in future at some point, but right now it is just for personal use (for 2023 and the foreseeable future).

D

DianeW777

@cwyn Wondering if or how you resolved this issue. I have the same problem, with real estate that I did not rent out during the year, and also other passive losses I need to carryforward to a schedule 8582 but no way to put them in. I tried to enter the losses in directly but they were incorrectly being credited against my income.

If you would like to send us a “diagnostic” file that has your “numbers” but not your personal information it would help.  If you would like to do this, here are the instructions:

TurboTax Online:

Go to the black panel on the left side of your program and select Tax Tools.

Then select Tools below Tax Tools.
A window will pop up which says Tools Center.
On this screen, select Share my file with Agent.
You will see a message explaining what the diagnostic copy is.  Click okay through this screen and then you will get a Token number.
Reply to this thread with your Token number and your state. This will allow us to open a copy of your return without seeing any personal information.

TurboTax CD/Download:

If you like, you can send a copy of your return that will be scrubbed to eliminate your personal data by using these steps:

Click on Online in the top left menu of TurboTax CD/Download for Windows
Select 'Send Tax File to Agent'
Write down or send an image of your token number and state then place in this issue.
We can then review your exact scenario for a solution.
Please also tell us any states included in the return. This is necessary for us to view the return.

We will then be able to see exactly what you are seeing and we can determine what exactly is going on in your return and provide you with a resolution.

@DIYtaxtime

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