Hello Carl,
For 2017 income, the taxes were due in April 2018. After the extension (which I filed) I have till October 15, 2018 to put in the final tax return. I'm not late with filing taxes for the good, income producing year.
So, as a best solution, you recommend making a token payment. The gist of my original post was, is there a better alternative to carry over liabilities on paper till I can claim the loss 2 months later (January 2019) on the next year's tax return.
