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Business & farm
> we can't see your return or k-1
I would be glad to share those with you.
> the ordinary loss on schedule E which flows to schedule 1 line 5 is offset by an equal amount of capital gain form 1040 line 7.
So this gain that is shown on Form 4797 2(g) is just a made up number, to offset my allowed net loss number on Schedule E, $9,859, because I have too much PAL?
‎August 11, 2024
12:15 PM