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When the excess business loss rules are required, what happens to the unallowed losses? The unallowed losses are: Carried forward as unallowed losses indefinitely. Carried
When the excess business loss rules are required, what happens to the unallowed losses? The unallowed losses are:
Carried forward as unallowed losses indefinitely.
Carried forward as a net operating loss.
Held until there is passive income to offset the losses.
Lost and not carried forward.
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