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April 11, 2019
Question

Carry Over Loss - LLC

  • April 11, 2019
  • 1 reply
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The Software is carrying over losses from last year (2) . Both exceed 3k and this year Don't have losses - but I do have expenses / deductions exceeding 3k - is the application of last years losses normal?

    1 reply

    April 14, 2019


    Yes, if it is a Passive Loss Carryover.

     

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