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Level 2
March 31, 2021
Question

How do I enter Rental Property specific passive activity loss carry overs for a new client in Proconnect

  • March 31, 2021
  • 1 reply
  • 9 views

How do you enter them in Proconnect.  I have a customer that I am entering for the first time that has 4 rental properties and two have passive loss carryforwards, while the other two do not.  I am wondering how to enter them and connect them to the correct property.  Thanks

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1 reply

IntuitRebecca
Level 6
March 31, 2021

Hi there,

On the Sch. E screen, select "Passive Losses" section. Depending on the size of your screen, you might need to click "X more" to see the option for passive losses, like this:


These entries are tied to the specific Sch. E activity.

-Rebecca