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Jim Zarb

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    Jim Zarb

    Can a client use a NOL carryforward on his 2011 return if his real estate is now closed. The loss came from real estate.

    #2
    Originally posted by jimzarb View Post
    Can a client use a NOL carryforward on his 2011 return if his real estate is now closed. The loss came from real estate.
    Yes.

    Maribeth

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