Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 03-24-2011, 04:18 PM
Junior Member
Join Date: Mar 2011
Posts: 1
Must you claim loss in current year or can you take in future year?

Spent the last 4 years working in Canada on an assignment for my job. I rented out my primary residence and had a loss each year. Because of tax protection with my assignment I did not owe tax nor would I have owed had I not taken my rental property loss.

My question is could I have not claimed that loss since it didn't benefit me and now carry them forward since I'm back in the U.S. and will have a use for the loss?

Wondering if there is a difference between disallowed rental losses and choosing not to take those rrental losses.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Suspended loss missed in prior year jdietrich S-Corporation 0 01-31-2011 04:46 PM
Pre Aquisition Retained earning (loss) and current year earning in acquiring comany kash_074 C-Corporation 0 09-16-2010 03:29 PM
unreimbursed casualty loss in a later year cherywon Itemized Deductions 0 03-15-2009 02:47 PM
If 2 or more taxpayers claim a dependent in the same year, who would the IRS allow? ebenda Filing Requirements 1 02-26-2009 04:50 PM
tax stimulus - husbands year to claim codawg81 Miscellaneous 1 05-18-2008 01:56 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning

» Recent Tax Q&A
No Threads to Display.