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I reported a negative $12,261.00 on Schedule E, Line 22 for 2020. Why isn't the system this year applying that loss against 2021 income?
This year i had to repot the ERAP I received and the system is reporting the entire amount as income, and it's not offsetting last year's loss. NOwhere am I able to indicate the loss of last year and i was told it would carry over against either a sale or other income.
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‎February 15, 2022
9:15 PM