- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
CAN YOU PLEASE HELP I AM NEW TO THE PROCESS AND CAN'T SEEM TO FIGURE OUT HOW TO POST ASIDE FROM PIGGY BACKING OFF OF SOMEONE ELSE? SORRY, I LIKE YOUR RESPONSES AND THOSE FROM CHAMP. ANYWAY, MY QUESTION IS
- IF I SAID I DISPOSED OF MY NON-RENTAL BUSINESS IN 2018 CAN I AGAIN INDICATED YES DISPOSED OF BUSINESS IN 2020 SO THAT I CAN CONTINUE TO INCLUDE CARRYOVER LOSSES FROM PREVIOUS YEARS?
- 2NDLY AS I HAVE HAD LOSSES FOR MORE THAN 7 YEARS IN 2015 THE IRS SAID I WAS A HOBBY SO DOES THAT MEAN I WAS STILL A HOBBY IN 2018 AND THE QUESTION REGARDING DISPOSAL OF BUSINESS IS IRRELEVANT?
- THANK YOU SO VERY MUCH FOR ANSWERING
‎April 1, 2021
10:47 AM