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Level 1
February 2, 2024
Solved

Form 8582

I have carryover losses on my rental property from previous years. Am I required to use them for this year or can I hold the loss for a future year?

    Mike9241
    Mike9241Answer
    Level 15
    February 2, 2024

    Expert Reviewed

    They must be used this year to the extent provided for in the tax laws. 

    Mike9241

    1 reply

    Mike9241
    Level 15
    Mike9241Level 15Answer
    Level 15
    February 2, 2024

    Expert Reviewed

    They must be used this year to the extent provided for in the tax laws. 

    Mike9241