What can be done if the schedule e loss is not being limited to 25K and the real estate pro box is not checked?

Forum|Forum|3 months ago
March 18, 2026
3 replies
6 views

My first year in ProConnect - came from UltraTax. My client has a current year rental loss of 8k and carryover losses of 40k.

The schedule e is calculating a loss of 33k that is being carried over to schedule 1. The loss for the current year is also not flowing to the 8582 part 1.

I see the carryover being reduced by 25K on the 8582, leaving a carryover for 2026 of 16k. This is only one of many clients who will have this issue, any help is GREATLY appreciated.

ProConnect Tax

Accountant-Man

Level 13

Is there any thing that says the property was "completely disposed?"

** I'm still a champion... of the world! Even without The Lounge.

BobKamman

Level 15

Looks like a conversion error when you switched software. But it's also confusing, "carryover being reduced by 25K on the 8582." Do you mean, something is being reduced to 25K? What is the result you want, anyway? $48K loss including this year, claim $25K, carryover 23K to next year?

P

Paul_Trailguide

Level 3

I would troubleshoot by first removing any carryover loss. See what that does for the current year calculated loss. Is it allowed, or disallowed, as it should be? Follow the steps on the Sched E and the 8252. Once that's resolved, then introduce the carryover loss and see how that's handled. By breaking down the component calculations you may be able to identify where the issue is.

George4Tacks

Level 15

Did you maybe check this box?

Answers are easy. Questions are hard!

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