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Investors & landlords
So if I have 8 years worth of Suspended Passive activity Losses (PALS). I have sold the house in 2020.
Where do I entered the total (last 8 years) of PALS.
Can this be add/deducted from my cost basis? Or is there another area in Turbo Tax I enter this?
Thanks
March 1, 2021
5:25 PM