I checked the box to force form 8582 yet the form won't generate. the taxpayer's income exceeds 150k yet the software is recognizing the net rental loss

[George4Tacks]

Did you check the box for nonpassive or maybe real estate professional?

[astern-1800accou]

yes, i'm new to the software so it was a rookie error.

thanks for the comments.

Al

[sjrcpa]

Most of the time it is PITC.

[George4Tacks]

PITC?

[sjrcpa]

Person In The Chair

[itonewbie]

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@sjrcpa wrote:

Person In The Chair

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That's PEBCAK to George. 😎

[abctax55]

Or mark the rental as "delete next year" to indicate that it has been disposed of in a 'fully taxable transaction'?