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Thank you. That is exactly what I did, abctax55! To me it makes no sense for LaCerte to fully tax IL addbacks for depreciation which are passive but disallow th...
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Thanks, Phoebe! I tried to determine what IL law is regarding passive losses but the only guidance I can find is“You should follow the federal law concerning pa...
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I am preparing an IL tax return as part of an individual return with over 20 state returns. There are several K-1s which are partially sourced to IL. One also h...