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Investors & landlords
Seems like you might have used up all the loss in 2021. Even though you can only take a max 3,000 loss each year on your tax return, you can use up more of the loss by first offsetting any gains you had.
You said the carryover loss from 2020 was 1,118 and the amount used in 2021 is 1,118. And that income summary column says 0 for 2021. So you used it all up in 2021 and there is nothing to carryover to 2022. So you are done with the loss. Unless you have zero taxable income this year.
‎June 19, 2022
3:59 PM