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Level 2
posted Apr 10, 2023 2:30:13 PM

Carryover deduction due to basis limitation last year. Where do report?

I have a disallowed deduction due to basis limitation from last year that my CPA put on the carryover worksheet for this year.  I am one of the partners in an LLC, and this carryover is my SE health insurance premium which I didn’t deduct last year because of the limitation.  Is this a non-passive deduction and how and where do I report this?

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