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Submitted By: someone
Answered: March 1, 2021 9:09 pm
Answered: March 1, 2021 9:09 pm
I forgot to claim rental losses on my 2018 and 2019 returns. Can I amend them now?
An amended return to claim a refund generally can be filed up to three years from the due date of that return (or the actual filing date if after the due date).
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Tax Glossary
At-risk rules
Rules limiting loss deductions to cash investments and personal liability notes. An exception for real estate treats certain nonrecourse commercial loans as amounts “at risk.”
