Solved: Do you report losses on line 2 of form 8995-A, ass...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
Level 1

Do you report losses on line 2 of form 8995-A, assuming that you have multiple trades or businesses some of which reported gains while others reported losses?

Assume that can you invested in two partnerships that cannot be aggregated.  One partnership reports rental income and the other reports rental loss.   Do you report the rental loss in one of the columns on line 2 of form 8995-A or do you report zero in that column?
1 Best answer

Accepted Solutions
Level 4

Do you report losses on line 2 of form 8995-A, assuming that you have multiple trades or businesses some of which reported gains while others reported losses?

The process starts on SCH C of the 8995-A.

View solution in original post

2 Replies
Level 4

Do you report losses on line 2 of form 8995-A, assuming that you have multiple trades or businesses some of which reported gains while others reported losses?

The process starts on SCH C of the 8995-A.

View solution in original post

Level 1

Do you report losses on line 2 of form 8995-A, assuming that you have multiple trades or businesses some of which reported gains while others reported losses?

Thank you.

Dynamic Ads
v
Privacy Settings