Passive Losses Paperwork: IRS Asks for Quick Comment Love
Published Date: 1/23/2025
Notice
Summary
The IRS wants your thoughts on the paperwork tied to rules about passive activity losses and credits, which affect individuals, households, and businesses. They’re not changing the rules but need to keep the paperwork approved and manageable. Comments are due by March 24, 2025, and the process is quick—just about 6 minutes per person, with no extra costs expected.
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