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Get your taxes done using TurboTax
TurboTax is carrying over and using up $25,000 of prior year passive losses to current year income of $0. For example, 30,000 of prior year losses became $5,000 for next year af6t6er $25,000 was applied to $0 net income. Why?
‎November 26, 2022
9:02 AM