MCKENNA55
New Member

Business & farm

Hi... Did you ever figure out why TT was not properly bringing over the Prior Year's Passive Activity Losses (PALs) to offset the calculated Capital Gain on the Massachusetts Tax Return?  Running into the exact same issue right now for my 2023 Return.  Federal Return treats everything properly and I'm getting the credit for my $118k PALs but State Return is not applying the same.   

I guess I'll go through the prior manual solutions mentioned in this thread to see if that works unless you figured out a better way for TT to do it automatically?