Hello,
I amended my 2023 tax last week (1st week of April, IRS accepted + tax owed) and wondered if the 2024 tax will use the amended 2023 or the original 2023 submission? The reason I asked is because I amended a passive loss carryover in 2023, but the original value persisted in 2024 (I cannot change the values despite telling TT that I no longer have that carryover loss). Due to time, I have submitted my 2024 tax and have to amend. This feels like an infinite cycle.
Questions:
1.Does 2024 tax pull data from the original 2023 submission or amended?
2.How to zero out Passive Carryover Loss in 2024 per the 2023 amended?
