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Deductions & credits
Hmm...
Thanks again @Mike9241
So I sounds like I may never be able to have the missed depreciation from past years apply as an income deduction as long as my total income remains sufficiently high.
Is that correct?
If I am able to apply it as a loss in future tax returns, is that also managed under form 8582?
‎April 19, 2023
10:18 AM