Question
1040 filing separate since 2018. Wife sold lots for Gain, but only 1/2 of carrforward of investment interest and tax comes through. How do I show full amount against gain?
because of filing separate starting in 2018, only 1/2 of carryforward allowed because of filing separate. How do I show full amount of prior unallowed interest and property tax with 2020 when lots, passive, were sold for gain? Husband is receiving 1/2 of sale proceeds so his portion of 1/2 carryforward needs to show up against gain.
