Coleen, Thanks for your reply. Since we are talking about losses, I might as well ask a question that is puzzling me. I have W2 income and I also have losses of about -$67K from rental properties (bought properties in 2020 that needed rehab), I had assumed that all of the -$67K in losses will be netted against my W2 income. But I noticed that only -$16K was used this year (I saw that when I looked at the State return for the State where the properties were located). What are the rules about how much losses can be used in a tax year
