The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: Q - Rent houses all sold now Date:  10/20/2021  8:27 PM
Author:  irasmilo Number:  133123 of 134530

As others have already said, based on what you've disclosed, everything should be simpler this year. Another way to confirm this is to ask your tax preparer for a copy of the worksheets showing what items will carry forward to 2021 from his tax software. If you don't see depreciation amounts, AMT amounts, or other losses (and I wouldn't expect that you will see them), you should be OK on your own.

Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us