OK taxpayer has an NOL caused by a legit Sch C Loss - I have the records.
Sch A the mortgage alone is more than the Standard Deduction. Since EIC is not in play due to negative MAGI am I free to increase the NOL by not Itemizing?
Sch A the mortgage alone is more than the Standard Deduction. Since EIC is not in play due to negative MAGI am I free to increase the NOL by not Itemizing?
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