The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Loss carry forward Date:  10/15/2013  4:02 PM
Author:  inparadise Number:  119317 of 127613

Maybe that's why my return went through for 2012 with the loss on it, because of the nature of the property itself.

Just because a return goes through one year, does not mean it will not boomerang back at you another, this time with penalties and interest. I would file an amended return getting rid of the loss and paying the extra taxes.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us