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Passive Activity Loss Carry forward
This is my first year using Turbo Tax. Last year my accountant carried forward a passive activity loss for property that I had stopped renting in 2020. I am not a real estate professional. Since I'm no longer renting the property, there is no need for Turbo Tax Business but I do not have a K-1 or other document other than last year's 1040. How do I enter the PAL into Turbo Tax?
March 18, 2024
9:26 AM