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Level 1
July 8, 2023
Solved

Grouping on Schedule E

  • July 8, 2023
  • 1 reply
  • 6 views

How do I make sure that my grouping is correct and its calculating my self-Rental loss?

It seems like the software wont allow me to take the loss form my Self-rental. 

This topic has been closed for replies.
Best answer by TaxGuyBill

Have you done the calculations manually and compared it to what the program is calculating?

A loss from a self rental is passive, so maybe the loss is limited due to the Passive Loss rules.

But you didn't indicate how things are grouped and the details of gains/losses for the grouping, so I have no idea if that could change the outcome.

1 reply

Level 15
July 8, 2023

Have you done the calculations manually and compared it to what the program is calculating?

A loss from a self rental is passive, so maybe the loss is limited due to the Passive Loss rules.

But you didn't indicate how things are grouped and the details of gains/losses for the grouping, so I have no idea if that could change the outcome.