Submitted By: someone
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

Original issue discount (OID)

The difference between the face value of a bond and its original issue price. OID is reported on an annual basis as interest income.

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