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Passive/Suspended loss
Hi,
I sold a rental property last year with a passive suspended loss. The loss exceeded my income and TT used it in full as a deduction when I indicated the property was sold. Since the loss exceeded my income, can the remainder of the "unclaimed loss" be carried forward to this tax year? In TT I do not see that happening and not sure if it is allowed.
Thank you in advance!
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‎April 2, 2023
3:57 PM