The §469 passive loss rules do not allow for their entire use in most cases
Husband passed with rental property having passive losses. The step up was handled correctly. How do I find the instructions to handle his portion of the PAL. I’m concerned I did not handle correctly and need to amend.
I don’t know what instructions you refer to - the law is stated in the article.
Husband passed with rental property having passive losses. The step up was handled correctly. How do I find the instructions to handle his portion of the PAL. I’m concerned I did not handle correctly and need to amend.
I don’t know what instructions you refer to - the law is stated in the article.