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

clwwcpa
Level 1

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 Comment 1
IntuitRebecca
Moderator
Moderator

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:


Screen Shot 2021-03-31 at 10.01.52 AM.png

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

-Rebecca

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