Excess Business Loss Limit · 🏠 Lower Taxes w/ Ryan

Excess Business Loss Limit

I was looking for ways to increase my Bonus Depreciation in 2026, but I just learned of Section 461L that limits excess business loss to $512K for a married couple filing jointly in 2026. Is this true? Is there any way around it? I ask because I'm retiring this year, so carrying over the excess to next year won't really help me, I need the deduction this year. Thanks.

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