Can you releases passive losses when you are projecting future tax liabilities?

RAG · ‎12-10-2020

We are doing a projection on 2020 tax liabilities. The client has sold a rental property. Can Lacerte release the passive losses for a future tax year?

Karl · ‎12-10-2020

The Lacerte Tax Planner can accommodate this.

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Can you releases passive losses when you are projecting future tax liabilities?

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