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posted Jun 6, 2019 3:41:06 AM

I am entering a negitive amount from Scheduel k-1

For example, -$2,00.00. is the the correct way to enter a negitive amount.

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1 Replies
Level 15
Jun 6, 2019 3:41:07 AM

Many K-1's can have negative amounts, and -$2,000 is the correct way to enter it.

Then depending on the capital account balance and/or the risk question, will determine if the loss is deductible.