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How do I carry forward a 2014 K-1 loss to my 2015 tax return? Where does it get reported if the partnership has dissolved?

 
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2 Replies

How do I carry forward a 2014 K-1 loss to my 2015 tax return? Where does it get reported if the partnership has dissolved?

I asked a similar question.  Here is the answer fromDavidD, CPA

1. Choose Personal - Wages and Income, then choose What I Work On.

2. Investment Income - Stocks, Mutual Funds >Start/Update

3. Type of Investment: Everything Else

4. Enter a description, Net Proceeds=$0 (if zero), date of dissolution (or date of the letter confirming dissolution)

5. Acquired: Other method

6. Cost Basis: your investment basis at dissolution

7. Date of Acquisition: date you made your investment.

How do I carry forward a 2014 K-1 loss to my 2015 tax return? Where does it get reported if the partnership has dissolved?

I think this only works if the disposition was in 2015, not 2014.
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