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What does PYA stand for on SCH E?

 
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What does PYA stand for on SCH E?

PYA on Schedule E stands for "prior year adjustment."  It refers to prior year unallowed losses that are now deductible.


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Highlighted
Level 14

What does PYA stand for on SCH E?

PYA on Schedule E stands for "prior year adjustment."  It refers to prior year unallowed losses that are now deductible.


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post