Converted rental property to personal use but still have carryover losses. Do I have to take those losses each year or can I save them until I can itemize my deductions?
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Converted rental property to personal use but still have carryover losses. Do I have to take those losses each year or can I save them until I can itemize my deductions?
I do not have enough deductions this year to itemize and am taking standard deduction. TT still has the schedule E form attached. Can I delete that this year and include it next year with the missed carryover losses or do I just lose them?
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