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Returning Member
posted Sep 9, 2021 8:04:15 AM

Unemployment

Because I filed early the IRS did the adjustment and sent me a refund. They did not take into account an increase in the amount of passive rental loss we were eligible for due to lower income. Should I amend return using basis of adjusted income per IRS correction?

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1 Replies
Level 15
Sep 26, 2021 4:31:37 PM

Yes. Unfortunately amended returns can take more than 6 months to process.