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Are losses from NJ LLC's deductible on the NJ Individual Tax return?
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03-28-2008, 09:42 PM
Leah
Junior Member
Join Date: Jan 2007
Posts: 16
Are losses from NJ LLC's deductible on the NJ Individual Tax return?
Are the LLC's losses generated from an NJ LLC deductible on the individual shareholders tax return, assuming there is sufficient basis to claim these losses?
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