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Level 1
October 15, 2022
Question

I had a passive multi-family asset sale with a gain...where do I report the unallowed prior years passive loss to offset the gain being reported now?

  • October 15, 2022
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1 reply

George4Tacks
Level 15
October 15, 2022

How was this passive activity reported this year and in prior year. The carryover should go somewhere in that input area

e.g. Rental, look in the upper right for ... and find passive losses

Answers are easy. Questions are hard!