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Deductions & credits
It depends. The loss is allowed in full in the year of sale of the condo. It would be a positive expense on your Schedule E and you will also see it on Form 8582.
You have access to all forms when you choose to print your return in TurboTax Online/Mobile. However you are required to pay before printing, but do not have to file until you are ready.
If you are using TurboTax Desktop you can switch to Forms and review all forms and worksheets.
@Acwk
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March 17, 2025
9:15 AM
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