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Deductions & credits
No, your passive losses related to the rental property should have been been recognized in 2019.
Passive activity losses are suspended until you have passive income to offset them or you dispose of the asset.
You should amend your 2019 tax return to add the passive losses.
You cannot carry them forward to 2020.
Selling Rental Property & Passive Losses
ā€ˇFebruary 1, 2021
3:26 PM