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New Member
posted Mar 17, 2020 8:56:50 AM

Can you use the loss on 2018 Schedule E for 2019?

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1 Replies
Expert Alumni
Mar 17, 2020 9:15:47 AM

No. Every tax year is separate. You should have been able to take your loss last year unless your income was too high. If that is the case, you are accruing passive losses. You can utilize them with the total disposition of the property.