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Why is that the 1231 carryovers form doesn't ask for which property the noncaptured loss was for and filling it out doesn't affect tax amount either?
I sold a rental so I filled a home sale in the income section. Now the noncaptured loss for the past 5 years however need to be taken care of in the 1231 carryovers so I was told. I need help with this form.
‎October 9, 2025
3:42 AM