You'll need to sign in or create an account to connect with an expert.
Depending on what type of partner you indicated, the software is allocating them based on that. These liabilities have some fiduciary responsibility attached to them, so if you indicated "GP" then that is probably why.
Unless you are using debt for at-risk limitations to deduct losses, I would not worry too much about this.
Depending on what type of partner you indicated, the software is allocating them based on that. These liabilities have some fiduciary responsibility attached to them, so if you indicated "GP" then that is probably why.
Unless you are using debt for at-risk limitations to deduct losses, I would not worry too much about this.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
sherri2020
New Member
lindsayjo_b
New Member
tbduvall
Level 4
chris-gon7731
New Member
maryjin2003
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.