How to make sure that the passive activity loss limitation calculation is correct in Proconnect?

Forum|Forum|5 years ago
May 11, 2021
1 reply
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Best answer by PatCatIntuit

Hello,

The program will generate the Form 8582 and passive worksheets to back up any passive loss limitation calculations.

If you have a specific return that you're not sure is being calculated correctly, I would recommend you contact our support so that they can review the return in question.

You can choose the Live Chat link from the left hand column for support.

Regards,

Patrick Carroll

P

PatCatIntuit

Answer

Employee

Hello,

The program will generate the Form 8582 and passive worksheets to back up any passive loss limitation calculations.

If you have a specific return that you're not sure is being calculated correctly, I would recommend you contact our support so that they can review the return in question.

You can choose the Live Chat link from the left hand column for support.

Regards,

Patrick Carroll

A

ajainAuthor

Level 3

oh great! I did not know that I can have the return reviewed for free while I am preparing the return. Thanks for the idea and the service. I will try to the live chat option and hopefully they wont take too long to review and get back.

sjrcpa

Level 15

It is not a free tax return review feature. Support will look at what you think the software is doing wrong.

The more I know the more I don’t know.

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