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@AliciaP1 I am asking what, if anything, one would do with the amounts in column C in the scenario I described. In this video the preparer inputs those allowed loss amounts to schedule E page 2. Yet again, in my case, the allowed loss is passive, so I am asking to confirm that those amounts are further suspended and a PAL of 10,000 is generated.
‎April 12, 2023
12:46 PM