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Investors & landlords
Thank you for the response.
Yes, I used Turbo Tax and it did not carry forward automatically(could be my mistake).
Yes, I looked at 8582 and Sch E for used vs unused. No year I was eligible based on AGI.
I did look at PAL worksheets/year, they do have unhallowed losses for that year but not from prior years.
PAL is from residential rentals.
If I didn't report cumulative PAL each year; Can I still report in 2020? like a true-up returns with correct info?
‎November 4, 2021
6:16 AM