@swingdancer777 Thank you so much for that detailed information! Unfortunately, I was under the impression that I did not have to file since I did not owe anything. But I do have a loss that needs to be carried forward to future years. I tried contacting the Oklahoma Tax Commission about this and they were not helpful. They simply told me to contact a CPA. I got frustrated with the whole thing and did not file since I didn't owe anything, and the packet said I only need to file if the "net rents" were more than $1,000. Now I'm not sure what to do. It's past the filing deadline and I have a $60,000 loss that needs to be carried forward to future years. Am I going to pay a penalty if I file now, even though I don't owe anything?
