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Deductions & credits
Thanks. I have just looked. Yes my AGI is over $150k (line11). and it has been over 150k for as long as i own these properties.
I also just looked at 8582 and it shows "Prior years of unallowed losses" is -$176k !!!!! That is a negative 176k.
So did i remember wrong? All these years the deduction was not taken into account?
It also shows i have a QBI deduction of $5999. Where is this 5999 from?
Thanks
March 6, 2024
9:48 PM