RobertB4444
Expert Alumni

Investors & landlords

Passive loss carryovers are on form 8582 in your federal return.  New Jersey doesn't allow passive loss carryovers and requires that you take losses against gains in the same category of income in the same year that they are incurred.  

 

So if you look at your federal form 8582 and see prior year losses that would be the amount that went unused in New Jersey.

 

@aljfromnj 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post