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Get your taxes done using TurboTax
Thank you very much. I thought I can deduct both carryover and unallowed losses of 2020 in the 2021 tax file because the total amount is less than $25,000.
Can you tell me, on the 2020 Return, where I can find the losses amount that carried forward to 2021 (Schedule E or Form 8582- under what section or part) ?
Can I deduct the unallowed/suspended losses at any time when I sell the property, I say after 2-3 years?
‎February 21, 2022
12:43 PM